Property profile

27 Conley Rd Columbia, MO 65201

FOR LEASE
Strip malls
Property ID
US48-0857103
24,056 SF 11.56 ac lot Built 1991
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Broadway Marketplace offers exceptional retail opportunities in a thriving power center location. Three in-line spaces are currently available, ranging from a minimum of 1,550 square feet to a maximum contiguous space of 12,478 square feet. A total of 14,028 square feet is currently vacant within the larger 705,538 square foot shopping center. This property benefits from a highly desirable location situated between established tenants China Chef and Subway. The space is currently clear and available August 31st. The center enjoys a strong anchor tenant lineup including Hyvee, Sam's Club, and Lowe's, ensuring high foot traffic and visibility for your business. The property is zoned M-C, providing flexibility for a variety of retail uses. Rent is on a Net, Net, Net (NNN) basis, making budgeting and expense management straightforward. This is an unparalleled opportunity to establish or expand your retail presence in a high-performing, well-established shopping center with significant potential for growth and success. The minimum divisible space is 1,550 square feet, ideal for smaller businesses, while larger tenants can occupy up to 12,478 contiguous square feet. Don't miss this chance to secure your place in this vibrant retail environment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1991
Total area 24,056 SF
Lot 11.56 ac (503,554 SF)
Zoning code C1
APN 17-119-00-07-001.00 01
UPID US48-0857103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Restaurant
  • Business Service Center Corporate Office

Location

27 Conley Rd Columbia, MO 65201
Columbia metro Census 1001 COLUMBIA, MO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$908k
Blend (final) Blend
$960k

Owner & transaction history

Zoning & alternative use

C1 · Columbia, MO
Top alternative use upside
Medical building $1.6M +140.1%
Retail stores $1.6M +139.9%
Auto repair, garage $1.4M +107.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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