975 W College St

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975 W College St

Marshall, MO 65340
Asking Price
$9.40M
Cap Rate
6.66%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Tenants: ALDI, Marshalls (TJX), Harbor Freight Tools, Dollar General, and Sherwin-Williams <p>NATIONAL TENANT BASE & HISTORICAL OCCUPANCY:</p><p>β€’ Anchors: Features a tenant mix of national retailers including ALDI, Marshalls (TJX), Harbor Freight Tools, Dollar General, and Sherwin-Williams.</p><p>β€’ Tenant Longevity: Multiple tenants have occupied the site for several decades: Dollar General (1973), Sherwin- Williams (1978), Subway (1990), an d ALDI (2008).</p><p>β€’ Recent Leasing: Ownership has secured over 51,000 SF of l easing activity since 2023, including new 10-year terms for Mar

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NOI
$80,000
Cap Rate
0.85%
DSCR
0.14
Underwater
Cash-on-Cash
-16.95%
Monthly Payment
$46,506.071
Annual Cash Flow
$-478,072.854

Location & Travel Times