1605 Ohio St Clinton, MO 64735-2430
- Retail space
- 760 SF
Current Use by Public Records
- Retail space
Property Details for 1605 Ohio St
- Year built
- 2022
- Construction
- WOOD
- Property size
- 760 SF
- Property type
- Retail space
- APN
- 18-1.0-01-003-019-011.000
- APU
- 181001003019011000
Description
This exceptional investment opportunity presents a brand-new, 800-square-foot Scooter's Coffee located in Clinton, Missouri, at 1605 E Ohio St, 64735. The property boasts a 15-year absolute NNN ground lease with three, five-year renewal options, ensuring long-term, passive income. Rent escalates 10% every five years, providing built-in growth potential. The lease is backed by a corporate guarantee from a strong 52-unit operator, mitigating risk. This freestanding building features a convenient drive-thru and is situated in a high-traffic location between McDonald's and CVS Pharmacy. The property benefits from its strategic position on the main corridor between the Kansas City metro area and the Lake of the Ozarks, capitalizing on significant weekend traffic exceeding 70,000 vehicles per day during peak season. Surrounded by other major retailers including Taco Bell, Arby's, Walgreens, and a Walmart Supercenter, this location offers exceptional visibility and accessibility. The asking price is $1,379,310, representing a 7.25% cap rate and a $100,000 net operating income (NOI). The 0.59-acre lot provides ample space. This is a turnkey investment with zero landlord responsibilities, offering a compelling return on investment in a thriving market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clinton
- County
- Henry
- State
- Missouri
- Longitude
- -93.7504
- Latitude
- 38.3667
