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!
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $699,000 -6.43% | $73 | ReeceNichols - Neosho | |
Listed For Sale | $747,000 | $78 | ReeceNichols - Neosho |
Year | Annual Amount | Description |
---|---|---|
$6,626 |
Middle School Anderson Middle | 0.3 miles away | 07 - 08 | |
High School Mcdonald County High | 0.4 miles away | 09 - 12 | |
Elementary School Anderson Elementary | 0.8 miles away | PK - 06 |