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200 Financial DrHollister, MO 65672
Big O Tires
Asset ClassRetail
Big O Tires | Recent Lease Extension | ABS NNN Lease | Hollister, MO
overview of deal

Overview

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Big O Tires property in Hollister, Missouri, strategically located just 9 miles from Branson, a premier tourist destination. This property benefits from a recent lease extension, with Big O Tires exercising their second 5-year renewal option, leaving one 5-year option remaining. Each renewal period includes annual rental increases of 1.00%, offering stable income growth and long-term security for the landlord.

 

This Big O Tires location is positioned near the intersection of U.S. 65 (21,806 VPD) and Opportunity Ave (9,205 VPD), offering excellent highway visibility and easy access to Branson, known as the “Live Entertainment Capital of the World,” with over 9 million annual visitors. The site also benefits from a robust trade area anchored by Lowe’s just north of the property, driving weekday and weekend traffic. Additionally, the property is located only 3 miles from Branson Landing, an outdoor shopping destination featuring over 100 specialty shops, including major retailers such as Bass Pro Shops, H&M, Victoria’s Secret, and Bath & Body Works.

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Investment Highlights

  • Recent Lease Extension
  • Highway Visibility & Strong Traffic Counts
  • Excellent Trade Area

INVESTMENT OVERVIEW

OFFERING DETAILS
PRICE
$1,294,000
CAP RATE
7.75%
NOI
$100,287
LEASE TYPE
ABS. NNN
GLA
5,516 SF
LOT SIZE
1 AC
YEAR BUILT
2005
REMAINING OPTIONS
(1) 5 Year
INCREASES
1.00% Annually
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200 Financial DrHollister, MO 65672

INVESTMENT TEAM

David SaverinBroker of Record

License #: Lic #: 2008013520

(314) 889-2500david.saverin@marcusmillichap.com
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Listing provided by Revere CRE