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   

 

The data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than Dean Coder are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information being provided is not guaranteed, and all information should be verified by the consumer. Any representation that a web site contains all listings shall only mean that the website contains all listing available to the public through the IDX data feed. There may be other properties offered through a REALTOR® that have not been displayed on this site. ©2024  MO - Southern Missouri Regional MLS, LLC (SMRMLS). All rights reserved.

 

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Data last updated: 11/27/2024, 8:19 PM UTC

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