New Listing
165 Southtowne Boulevard,Hollister, MO 65672
Hollister, MO 65672
Description
Positioned in the fast-growing Hollister market just south of Lowe's along Highway 65 and west of the Hollister Industrial Park, Southtowne Retail Center is a well-located 10,500 SF investment property offering stable income and recent capital improvements. Built in 2001 on approximately 1.6 acres (368' frontage, 368' × 188' m/l lot) and zoned CR, the center is fully occupied by a mix of restaurant and retail tenants. Tenant mix: El Patio Restaurant: 4,500 SF Vapor 100: two 1,500 SF bays (165A & 165B) Magnolia Rose Boutique: two 1,500 SF bays (165C & 165D) Financial Highlights Asking Price: $1,630,000 NOI: $136,633 Cap Rate: 8.4% Total Annual Income: $162,864 (including $8,064 billboard revenue) Current leases extend through late 2028, with Magnolia Rose Boutique leases commencing January 1, 2027 and running through 2032 Proforma is below and leases available upon request Recent upgrades include a new roof and approximately $20,000 in mechanical work completed. The property benefits from high-visibility Highway 65 access near the College of the Ozarks intersection, strong local traffic, and proximity to retail and industrial activity in the Hollister/Branson area. Ideal for an investor seeking a turnkey retail center with in-place income, modest upside potential as newer leases take effect, and a solid 8.4% capitalization rate in a growing Missouri market.
Details
| MLS # | 60337086 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 4 |
| Listing Provided By | Murney Associates - Primrose | Galen B Pellham |
Features
| Bath(s) | 5 |
|---|---|
| SQ Feet | 10,500 |
| Acreage | 1.60 |
| Property View | City |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central, Electric |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | 20+ Spaces |
Taxes
| Property | 11055 |
|---|
Area Information
| State | MO |
|---|---|
| County | Taney |
| City | Hollister |
| Zip Code | 65672 |
| Community Name | Southtowne Center |
| Listing VS Median (in Southtowne Center) | |
Price: $1,630,000 low | high Med: $1,630,000 sqft: 10,500 low | high Med: 10,500 $ / sqft: $155 low | high Med: $155 On site: 4 low | high Med: 4 | |
Market Activity 65672
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MO |
|---|---|
| County | Taney |
| City | Hollister |
| Zip Code | 65672 |
| Community Name | Southtowne Center |
| Listing VS Median (in Southtowne Center) | |
Price: $1,630,000 low | high Med: $1,630,000 sqft: 10,500 low | high Med: 10,500 $ / sqft: $155 low | high Med: $155 On site: 4 low | high Med: 4 | |