0 Old Highway 50 Union, MO 63084
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.