921 Jefferson AveLebanon, MO 65536

For Sale
$999,990

High-Yield Commercial Investment Opportunity

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents the chance to acquire the Lebanon Ritz 8 theatre building, situated on a 1.45-acre lot at 921 S Jefferson, Lebanon, MO. Built in 1992, this landmark property boasts a long-standing lease with the current tenant, extending through September 30, 2029, with built-in renewal options and rent increases every five years. The property offers a compelling over 8% capitalization rate, promising strong returns for long-term investors. As the only theatre in a thriving town, the Lebanon Ritz 8 enjoys a secure position within the community, ensuring consistent cash flow. The building's maintenance responsibilities are clearly defined, with the lessor solely responsible for land taxes and roof upkeep. The current tenant has maintained a consistent presence for over 30 years, demonstrating the property's enduring appeal and stability. This sale includes a one-third ownership stake in the adjacent parking lot, adding further value to this attractive investment. The property's proven track record, long-term lease, and strategic location make it an exceptional opportunity for investors seeking substantial and reliable returns. This is a rare chance to acquire a well-established, cash-flowing commercial property in a growing market. The financial details clearly indicate a highly attractive deal for discerning investors.

Property Details for 921 Jefferson Ave

Property type
Other commercial real estate
Lot Size (sq. ft)
63,162 SF

Location Insight

City
Lebanon
County
Laclede
State
Missouri
Latitude
37.67175
Longitude
-92.65533
921 Jefferson Ave, Lebanon, Missouri

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921 Jefferson Ave
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