Retail Business for Sale in Rolla, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Rolla, MO 65401

Description

Marcus & Millichap is pleased to present the IHOP property located at 1735 N Bishop Ave in Rolla, MO featuring a 4,646 square foot Building situated on 1.3 acres of land with a High Rise Pole Sign visible from Interstate 44. The area surrounding the property features national chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee’s, Dairy Queen. Interstate 44 & North Bishop Road (Old Route 66) is the gateway to Rolla, MO, county seat of Phelps county and home to Missouri S&T, consistently rated as one of the top engineering and technology universities in the United States and Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees. Due to its location between St Louis and Springfield, the area continues to grow and see new development of new national chains showing interest in the area, Healthcare and the University based economy. Rolla's top features include its strong connection to Route 66, the presence of Missouri University of Science and Technology (Missouri S&T) (with its Stonehenge replica), rich Ozark outdoor recreation (Meramec Spring Park, Mark Twain National Forest access), family fun at Fugitive Beach, local flavors from wineries and breweries, and a blend of small-town charm with cultural spots like the Ozark Actors Theatre and Phelps County Courthouse. Investment Highlights: • High Traffic IHOP Located off Interstate 44 on Bishop Rd (Old Route 66) with over 20,000 Vehicles Per Day • 12 Year Absolute NNN Lease | Zero Landlord Responsibilities • Close to Missouri Science & Technology, one of the Top Engineering and Tech Universities in the US • Surrounded by National chains such as Starbucks, Panera, Buffalo Wild Wings, Taco Bell, Hardee's and DQ. • Close to Phelps Health Hospital a 240 bed regional hospital servicing 6 adjacent counties with over 1900 employees.

Market Context

This retail in Rolla, MO is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 53 days. Compare it against other retail listings for sale in Rolla, MO — <a href="/search/sale/retail/missouri/rolla">view the full market</a>.

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