AGREE REALTY ACQUIRES 57,342 SF SHOPPING CENTER IN MISSOURI FOR $8.5M

by admin

ST. JOSEPH, MO. — Agree Realty Corp. has acquired a 57,342-square-foot shopping center in St. Joseph for $8.5 million. Dick's Clothing and Sporting Goods occupies 45,000 square feet and PetSmart occupies 12,342 square feet of the retail property. Both tenants have approximately 9.5 years remaining on the base term of their leases. Retailers within the immediate trade area include a WalMart Supercenter, Target, Kohl's, Lowe's and Home Depot. St. Joseph, Mo. is located about 55 miles north of Kansas City.

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