Highway 86 in Ridgedale

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1 Just Listed!!! Highway 86 in Ridgedale 4,000 Sqft.+ Professional Office or Retail Building Sales Price $395, State Hwy. 86 Ridgedale Missouri Great Investment Opportunity! This freestanding commercial building on 6.5 acres m/l is ready for new tenants. Located on Hwy. 86 which is a heavily travelled corridor between Table Rock Lake and Branson. In the midst of Big Cedar Lodge, Top of the Rock and numerous other rooftops. This location appeals to both local and tourist traffic. Ideal for investor or owner occupant needing retail or professional offices. Price $395, Acres M/L Retail Center Billboard Ample Parking MLS # Offered By: Chris Vinton Vinton Commercial Realty 1017 W Main St Branson, MO Mobile: Office: Fax: chris@ivalve.net Sales. Leasing. 1031Exchange. Retail. Build to Suit. Property Management. Site Selection. Consulting. Acquisitions. Investments

2 Page 1 of 1 10/20/2016 Agent Only Report 2841 State Highway 86 Ridgedale, MO $395, Commercial-All Types Office Active County: Taney Subdivision: N/A Aprx Lot Size (Acres): 6.5 # Units: 6 Aprx Year Built: 1999 Build to Suit: No Divisible: Yes Infill Allowance: No Lake/River: None Agreement Type: Exclusive Right To Sell Sign on Property: Yes List Price: $395,000 Original List Price: $395,000 List Price/SqFt: SqFt - Total: 8,000 Primary Street Access: Hwy, 86 Section: 14 Range: 22 Inside City Limits: No Build to Suit: No Construction Status: Existing Park/Complex Name: Ridgedale Place Foreclosure/Short Sale: No Directions: Hwy. 65 south to right on Hwy. 86 to property on the left between Big Cedar Lodge and Long Creek Bridge. Legal Description: See Attached Exhibit A Legal on Title Shall Govern Agent Remarks: ***Information contained in this listing has been obtained through third party sources deemed reliable. Listing Broker assumes no responsibility for its accuracy and Buyer shall independently confirm any information set forth above. Marketing Remarks: Income Producer for Sale! Ridgedale Place Strip Center located on Hwy. 86, between Big Cedar Lodge and Long Creek Bridge. Main level contains 4,000 sqft retail/offices divided into 4 separate units. The lower level has approx. 4,000 sqft warehouse space with three overhead doors and an additional office. Situated on 6.5 acres with room for additional development, plus billboard. ***Information contained in this listing has been obtained through third party sources deemed reliable. Listing Broker assumes no responsibility for its accuracy and Buyer shall independently confirm any information set forth above. Financing: Cash; Conventional How to Show: Appt. Only; Call Listing Agent Lockbox: LB Type: None County: Taney View: Mountain Miscellaneous: Garage Bay(s); Water Heater-Electric Utilities Available: Electric; Septic Tank; Water Well Business Type: Office; Retail Details Dock Information Tax & Legal Parking: Spaces; Paved Heating: Electric Cooling: Central Restrooms: 8 View: No Waterfront/View: None Roof: Asphalt Docks/Slips: No Park/Complex Name: Ridgedale Place Property Name: Ridgedale Place Vacancy %: 0 Real Estate Tax: 4.14 Tax ID: Transaction Type: Sale Christopher Vinton Vinton Commercial Realty 1017 W. Main Hwy 76 Branson, MO chris@ivalve.net Listing Office: Vinton Commercial Realty License #: Listing Member: Christopher Vinton License #: chris@ivalve.net Co-listing Office: Vinton Commercial Realty Co-listing Agent: Mark Weisz LB Type: None Phone # to Show: Agent Cell Ph: Agent Primary Ph: Listing Broker Is?: Seller's Agent Co-List Broker Is: Seller's Agent Owner Name: TEL, LLC and Metro Design and Construction, Inc. Showing Instructions: Call Listing Office for appointment. Property Sub-Type: Office Financing: Cash; Conventional Status Change Date: 08/17/2016 Sign on Property: Yes Begin Date: 08/17/2016 Co-List Broker Is: Seller's Agent Cumulative DOM: 64 Commission Buyer Agy: Days On Market: 64 Commission Buyer Agy: 3% End Date: 08/31/2017 Commission Sub Agy: 0% Commission Trans Brkr: 3% Information is deemed to be reliable, but is not guaranteed MLS and FBS. Prepared by Christopher Vinton on Thursday, October 20, :14 PM. The information on this sheet has been made available by the MLS and may not be the listing of the provider.

3 For more information contact Vinton Commercial Realty * Disclaimer: Information has been obtained from a third party source and Vinton Commercial Realty accepts no responsibility for its accuracy.

4 For more information contact Vinton Commercial Realty * Disclaimer: Information has been obtained from a third party source and Vinton Commercial Realty accepts no responsibility for its accuracy.

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7 For more information contact Vinton Commercial Realty * Disclaimer: Information has been obtained from a third party source and Vinton Commercial Realty accepts no responsibility for its accuracy.

8 RIDGEDALE PLACE 2841 STATE HIGHWAY 86 RIDGEDALE, MO Office Building and Garage/Storage with 4,000 sqft up and 4,000 sqft down Includes Nine (9) Adjoining Building Lots Includes One Billboard on Hwy Commercial Well and Septic System Total of 6-Acres M/L with Approx. 800 of Hwy. 86 Frontage Just 3-Miles to Big Cedar Entrance and 1-Mile to Long Creek Bridge Site: The subject site is located on the south side of Highway 86 just west of Orchard Road. Orchard Road curves to the west and also borders the subject on the south. The site has approximately 6.28 acres. Topography: The subject site has been leveled across more than half of its frontage along Highway 86. This frontage has been leveled to a depth ranging from approximately 50 to 130. The extreme eastern end of the subject frontage slopes up from Highway 86, while the extreme western end of the frontage slopes down from Highway 86. Additionally, to the east of the subject building improvements, the subject slopes up to Orchard Road with the southern boundary of the property at road grade with Orchard Road. To the west of the subject building, the property slopes down from Highway 86 and then back up to Orchard Road. There is approximately.70 acre that is considered excess land that is level and at grade with Highway 86. The remainder of the land would require cut and fill to put it at road grade. Utilities: The subject has a private drilled well on site providing water to the subject improvements. There is also a private septic providing sewage disposal. The site has public electricity and public telephone. On the south side of the strip center there is an attached warehouse/shop building that is partially below grade under the strip center and partially above grade south of the building. This building has a poured slab on grade concrete floor, wood framed walls on three sides and a wood framed roof. The building has vinyl siding on the east and west and enamel coated corrugated steel siding on the south. The roof is covered with enamel coated corrugated steel roofing. The main part of the building measures 40 x 100 with approximately 16 x 100 located below the strip center. Additionally, there is a 12 x 28.5 office addition to the south side of this building which houses an office, restroom and file storage room. This portion is finished with drywall walls and ceiling, and surface mounted fluorescent lighting. This area is heated and cooled with a thru-wall heat and air unit. This main shop is largely unfinished and is heated with a wood furnace. There are three overhead doors and three walk through doors giving access to the warehouse/shop. This portion of the building has been leased for auto repair in the past but is currently used for the owner s construction business.

9 Site Improvements: There is approximately 8,700 sqft of asphalt paved parking on the north side of the subject building. There is also a single sided billboard located near the subject s eastern boundary. The subject is located in a small community, which is the unincorporated community of Ridgedale. The town was originally situated on U.S. Hwy. 65 approximately ten miles south of Branson and two miles north of the Missouri-Arkansas state line. When Highway 65 was realigned some years ago, the community was bypassed. However, the area around has prospered over the years as new developments were built to take advantage of the proximity to Table Rock Lake. The main contributors to value are the two major thoroughfares: U.S. Highway 65 is a major north-south highway and is the primary route from the south for the eight million tourists who visit the Tri-Lakes area on an annual basis. Highway 65 is a 4-lane asphalt paved, divided highway with limited access. Missouri State Highway 86 at the present time averages 4,620 vehicles per day. Table Rock Lake is less than one mile west of the subject. The area has numerous lakeside subdivisions and resort including Bas Pro s Big Cedar Lodge, which will continue to attract the tourists and new residents to the area. Ingress/Egress Access and Roadways: The subject has two commercial entrances from Highway 86. One of the entrances is paved and the other is gravel. There is also access from Orchard Road on the east as well as on the south. Easements and Encroachments: Typical of other sites with in area, the site has several utility and public right-of-way easements which extend along, across or above the subject property, but have no detrimental effect. It appears that Orchard Road crosses the subject property near its eastern boundary. Flood Plain: An analysis of the flood plain map for the area indicates that the subject property does not lie within the flood plain. Excess Land: Approximately 1.5 acres are all that is necessary to support the current commercial improvements. The remaining 4.78 acres m/l is considered excess land. Income History: The main level of this property is currently fully leased and all tenants are on a month to month rental basis at current owners preference. Current monthly income is $2,500/MO and total annual income is $30,000/yr. Carol Jones Realtors (Vacate Nov. 2016) $975/MO Approx. 1,500 $7.80/sqft Metro Design and Construction $925/MO Approx. 1,500 $7.40/sqft Root 86 Hair Salon (Vacate Nov. 2016) $600/MO Approx. 1,000 $7.20/sqft Lower Level Warehouse $1,000/MO Approx. 4,000 sqft (Vacant)

10 The lower level warehouse has two spaces currently available for lease, a 1,000 sqft bay with overhead door and walk-in door. The second warehouse space has 3,000 sqft, a small office and two overhead doors. Expenses: The currently monthly expenses are as follows: Insurance: $ Taxes: $ Utilities: $ Maintenance $ TOTAL $ The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. - Vinton Commercial Realty