165 Southtowne Boulevard , Hollister, MO 65672

Property 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' Ã? 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 SFVapor 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 requestRecent 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.

Property Features