Property profile

0 Old Highway 50 Union, MO 63084

OFF-MARKET
Retail properties & Spaces
14,859 SF 1.49 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 14,859-square-foot convenience store located at 807 US Hwy 50 E in Union, Missouri (63084). The property sits on a 1.49-acre lot at the northwest corner of Hwy 47 & Hwy 50, boasting an excellent location and a drive-through lane. Currently 100% occupied under a NNN lease with approximately 57 years remaining, offering a substantial 6.95% cap rate and an annual income of $315,000. The building, constructed in 2006, is zoned B-2, HWY Business Dis., and provides ample parking (3.37 spaces per 1,000 sq ft). The asking price is $4,532,374, translating to $333.72 per square foot. A potential 13-year lease extension is available. The current lease includes a cancellation option in August 2031, however, the owner is currently in negotiations to modify this option. Store sales volume is strong. This is a turnkey investment with significant long-term potential. Further details are available upon request.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 14,859 SF
Lot 1.49 ac (64,904 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Old Highway 50 Union, MO 63084
Union metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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