Pending
116 West Sherman Way
Nixa MO, 65714
$1,700,000
$84.58 per sqft
Pending
7 Baths
20,100 sqft
Commercial
Built in 2006
The search stops here! Check out this premier commercial real estate opportunity in Nixa, MO!
We proudly present a 20,000+ square foot strip center situated on Sherman Way, boasting an impressive 336 feet of road frontage on 1.61 acres of prime ''Highway Commercial'' zoned land. This strategic location offers excellent accessibility, with a convenient distance to Springfield, MO, making it ideal for businesses looking to tap into a larger market. Nixa itself enjoys a vibrant community with a population of over 26,000, complemented by the broader customer base of Christian County (population 95,000+).
The property features a total of 11 rental spaces. Among these units is a standout 11,550 square foot space (7 combined rental units) housing a thriving indoor climate-controlled storage facility--a secure and profitable business that is included in the sale of the property.
There are currently 3 other tenants (2 that occupy one space and 1 that occupies two spaces) in the building. One lease expires in July of 2027, One expires in June of 2025 and one ends in 2026.All three additional tenants have expressed interest in signing additional lease agreements after theirs expire which will ensure stable rental income for the future owner.
This property was built to last with steel frame clear span construction on a concrete slab with 15' eve heights. The roof covering is raised seam pre-finished steel panels with a single slope design extending over the covered front sidewalk. Each unit has a commercial glass front consisting of aluminum framed fixed plate glass windows and aluminum framed plate glass doorways. Each unit has an insulated rear doorway set in a steel jamb (unit 11 also has a 10 x 10 overhead door accessing the rear of the unit) The exterior finish of the building has brick veneer along the front and sides with the rear of the building having a raised seam steel panel exterior and each unit is individually heated and cooled by their own system. This strip center not only provides substantial space but also represents a strategic investment in Nixa's burgeoning commercial landscape. The Highway Commercial zoning offers flexibility for a variety of businesses, from retail to service-oriented ventures. Whether you are expanding your portfolio or starting anew, this property offers long-term potential and community integration in a rapidly growing area.
Please do not disturb tenants and direct all questions through an agent. Prequalified buyers only please. NDA agreement is required before sharing any financial information. Buyers to do own due diligence as all information above is deemed to be reliable but not guaranteed.
60274751
MLSⓇ ID
August 5, 2024
Listed
November 27, 2024
Updated
Map
116 West Sherman Way
Nixa MO, 65714
Interior Features
Total Bathrooms
7
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.61 Acres
Other Property Details
Taxes
$28,403
Tax Frequency
Annually
Garage
No
View
No
County
Christian
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/1/2024 | Pending | — |
Courtesy of RE/MAX SHOWTIME
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Data last updated: 11/27/2024, 8:19 PM UTC