1703-1745 E Ohio St | Clinton, MO 64735
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1703-1745 E Ohio St
Clinton, MO 64735
Cedars Shopping Center · Retail Property For Sale
Investment Highlights
- Building Area (rentable square feet): 22,057
- Tenants (8/1/2024): 12
- Zoning: RC
- Occupancy: 100.00%
- Buildings: One
- Zoning Description: Commercial
Executive Summary
Cedars Shopping Center (the “Property”) is a multi-tenant retail strip center. The 22,057-square-foot property is fully stabilized with a mix of national and local tenants. The Property is located north of State Highway 7 in Clinton, Missouri, a busy retail corridor running through the center of town. In July 2024, the Property had approximately 103,000 monthly visits, and 32,000 individual visitors. The Property benefits from having a McDonald’s, Wendy’s, and Subway in the outparcel lots, driving higher traffic to the center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,057 SF
Building Class
B
Year Built
1985
Price
$3,447,480 CAD
Price Per SF
$156 CAD
Cap Rate
9.15%
NOI
$315,444 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.10 AC
Zoning
RC - Commercial
Parking
106 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
252 ft on E Ohio Street
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 18-1.0-01-003-019-009.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $621,134 CAD |
PROPERTY TAXES
Parcel Number
18-1.0-01-003-019-009.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$621,134 CAD
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