This stable, four Tenant real estate investment is anchored by a Orscheln Farm and Home store and is priced to sell at 9.2%+/- Cap Rate! Shelby Plaza Shopping Center is located in Shelbina, MO and has a regional customer draw with its access & visibility to & from the junction of two major area highways, US 36 and Highway 15. Neighboring business are C & R Market (grocery store), Dollar General, Salt River Community Care(which is a 120 bed skilled nursing facility), Shelbina License Bureau, gas stations, restaurants, and more! The Plaza is 100% leased with 4 Tenants that occupy 23,800 +/- square feet, most of the Tenants have been there long term. The parking lot and driveway in front are concrete. Orscheln occupies 20,600+/- sf and has been a Tenant for over 30 yrs., Edward Jones occupies 1,600 sf, American Family Ins. occupies 800 sf and the Cruse Law Firm, 800 sf. Orscheln owns & operates 165 stores located in eleven states. Financials & other information are available.
Misc Description:Building Sign, Pole Sign, Exterior Lighting, Display Window
102 Shelby Plaza Road (MLS #19038533) is a commercial listing located in Shelbina, MO.
This commercial listing is 23,800 sqft and on a lot of 69,696 sqft (or 1.60 acres) and is 50 years old. This property was listed on 05/24/2019 and has been priced for sale at $575,000.
Nearby zip codes are 63469. This property neighbors other cities such as Shelbyville.
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Listing information courtesy of: Keller Williams Realty West
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