624 S Westwood Blvd Poplar Bluff, MO 63901
- Office Properties & Spaces
- 2,100 SF
- 0.72 lot acres
Current Use by Public Records
- Joe Hudson's Collision Center / Auto Repair Shop / Auto Body Shop
Property Details for 624 S Westwood Blvd
- Year built
- 1998
- Lot size
- 0.72 lot acres
- Property size
- 2,100 SF
- Property type
- Office Properties & Spaces
- APN
- 13-02-03.0-003-018-003.000
- APU
- 1302030003018003000
Description
This exceptional investment opportunity presents a 25,730 square foot, triple-net-leased auto shop in Poplar Bluff, Missouri. Located at 624 S Westwood Blvd, this property boasts a prime location on a major retail corridor, surrounded by established car dealerships. The property consists of three buildings situated on a 1.48-acre lot and is zoned for commercial use. Currently 100% occupied by Joe Hudson Collision Center under a 15-year lease commencing April 25, 2024, and expiring April 30, 2039, this NNN lease offers significant long-term stability. The lease includes 2% annual rent increases throughout the base term and any options, minimizing landlord responsibilities after the initial 12 months. The tenant, Joe Hudson Collision Center, benefits from a long operating history at this location, previously operating as a CARSTAR franchise. With a strong Net Operating Income (NOI) of $151,200, this property represents a compelling investment opportunity due to its long lease term, creditworthy tenant, minimal landlord obligations, favorable rental rate per square foot, and excellent location. The property's history as a successful collision center further enhances its investment appeal. This is a rare chance to acquire a stable, high-performing asset in a desirable retail location.
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
- Poplar Bluff
- County
- Butler
- State
- Missouri
- Longitude
- -90.4086
- Latitude
- 36.7526
- CBSA code
- 38740
- CBSA name
- POPLAR BLUFF, MO MICROPOLITAN STATISTICAL AREA
