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603 N Belt HwySt Joseph, MO 64506
Hillcrest Plaza
Asset ClassRetail
Cap Rate: 8.5%Occupancy: 99%Year Built: 1960Access Data Room
Hillcrest Plaza | High-Occupancy Shopping Center | 8.50% Cap Rate
overview of deal

Overview

Marcus & Millichap, on behalf of Ownership, is pleased to present the opportunity to acquire Hillcrest Plaza, a 100,054 square foot neighborhood shopping center located in St. Joseph, Missouri (the “Offering”). Built in 1975 and situated on 10.62 acres, the Offering is 99 percent leased and has served the Belt Highway trade area for five decades. The site sits between the signalized intersections of Faraon Street and Frederick Avenue on US 169 Belt Highway (22,822 VPD), St. Joseph’s dominant north-south commercial corridor, one-half mile from the Interstate 29 interchange.

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