$699,000

493 E State Highway 76, Anderson, MO 64831, US

Summary

Style: Commercial
Sq Ft: 9635

Moving Quotes

Remarks

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!

Details

MLS#: 246182
Price: $699,000

Style: Commercial
Sq Ft: 9635

County: McDonald
Lot Size: 1.12 Acres
Tax Fee: 6625.54

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Broker Contact

ReeceNichols - Neosho
1010 WEST HARMONY
Neosho, MO, 64850
US
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Ozark Gateway Association of Realtors
Last updated: 2025-03-25T12:55:15.000Z.
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