1190 Business 54 Fulton, MO 65251
This exceptional 16,250-square-foot retail storefront, located at 1190 S Business 54 in Fulton, Missouri, presents a compelling investment opportunity. Built in 2021, this multi-tenant property sits on a 1.13-acre lot and boasts a strong net operating income (NOI) of $77,298. The asking price is $1,300,000, translating to $80 per square foot. The property is zoned for commercial use and features a triple-net (NNN) lease structure. Lease commencement was September 5th, 2021, with 5,793 square feet currently available for lease at $10 per square foot. The building is a "white box" space, offering the potential for a turnkey finish. Its prime location on Business 54 places it within a thriving retail market, benefiting from excellent signage opportunities. The surrounding area demonstrates strong demographics, with a 2020 population within five miles of 12,596 and a median income of $48,692, reflecting a 33% increase since 2000. This property offers significant potential for investors seeking a high-return retail investment in a growing Missouri market. The zip code is 65251, and the property is situated in Callaway County.
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
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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.