1495 State Highway 248 Branson, MO 65616
For Sale
1 / 5
This exceptional investment opportunity presents a 31,956 square foot retail property situated on a 1.68-acre lot in Branson, Missouri. The property is strategically located at 1495 State Hwy 248, offering high visibility and accessibility. Currently, a portion of the space (23,427 square feet) is occupied by Harbor Freight under a NNN lease expiring March 31, 2028, leaving 8,526 square feet vacant. The property boasts 73 parking spaces, ensuring ample convenience for customers and employees. The projected Net Operating Income (NOI) for 2023 is $135,585. This single-tenant storefront property is zoned for commercial use and benefits from its location near other prominent retailers, including Hobby Lobby, Country Mart, McDonald's, Culver's, and V.A. Medical Center, creating a synergistic retail environment. The lease commenced on June 28, 2018, and has approximately 3.4 years remaining. The asking price for this prime retail center is $3,000,000. The property's location in a high-traffic area, combined with the existing lease and significant vacant space, presents a compelling opportunity for investors seeking strong returns and potential for future growth. The property's parcel number is 08-9.0-30-000-000-065.001. The current occupancy rate is 72%.
-
Harbor Freight Tools Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.