13
See all 13 photos
Listed by Nina Moser ReeceNichols - Neosho
$699,000
Est. payment /mo
9 Baths
9,635 SqFt
Active
493 E State Highway 76 Anderson, MO 64831
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Sale
Listing Status Active
Purchase Type For Sale
Square Footage 9,635 sqft
Price per Sqft $72
MLS Listing ID SOM60282777
Full Baths 9
Year Built 2009
Annual Tax Amount $6,625
Tax Year 2024
Lot Size 1.120 Acres
Acres 1.12
Property Sub-Type Commercial Sale
Property Description
Turnkey Investment Opportunity! Mustang Plaza, a fully occupied 9-unit, 9,636 sq. ft. multi-tenant strip center in Anderson, MO, delivers a solid 8.5% cap rate with an asking price of $699,000. Located just off I-49, this prime commercial property is within 15 miles of the Arkansas state line, making it an excellent choice for businesses serving both Missouri and Northwest Arkansas.✅ 100% Occupancy - Reliable rental income with several long-term tenants.✅ Strategic Location - Quick access to I-49, ideal for business owners and investors looking to tap into the Northwest Arkansas market.✅ Seller-Paid Ground Lease Through 2027! - The property sits on leased ground at $1,500/month, but to ease buyer concerns, the seller will cover all ground lease payments through the September 2027 renewal period, when the land can be purchased.Whether you're looking for a high-yield investment or a strategically located business space, this is a rare opportunity with built-in income and future flexibility. Schedule your showing today!
Location
State MO
County Mcdonald
Interior
Heating Electric
Cooling Central Air
Fireplace N
Exterior
Waterfront Description None
Roof Type Composition
Garage No