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    FOR LEASE
    Commercial real estate

    1020 Kingshighway St, Rolla, MO 65401

    5,395 SF 0.6 ac lot Built 1960
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US48-1748572
    Property summary
    AI-generated overview

    This exceptional commercial land lease presents 1.31 acres of prime real estate situated on Kingshighway in Rolla, Missouri, zip code 65401. The property enjoys unparalleled visibility due to its location in a high-traffic area, surrounded by established restaurants and businesses. This ensures significant exposure for any new development. The land is offered under a triple net (NNN) lease agreement, with a monthly rental rate of $9,000. The owner is receptive to ground leases, providing flexibility for prospective tenants to develop the property according to their specific business needs. This presents a unique chance for businesses seeking a prominent location in a thriving commercial district within Phelps County. The single-tenancy property offers significant potential for growth and profitability, given its strategic location and favorable lease terms. The property's address is 1020 Kingshighway, Rolla, MO. This is an excellent opportunity for businesses looking to establish a strong presence in a busy commercial area. The property's coordinates are 37.945652977760616 latitude and -91.78078123312483 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1960
    Total area 5,395 SF
    Lot 0.6 ac (26,136 SF)
    APN 71-09-1.0-11-002-006-006.000
    UPID US48-1748572
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Redemption Ministries Church
    • Akkadian International LLC Consultant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    HEAVIN, GARY W & JANET S TRUST
    HEAVIN, GARY W & JANET S TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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