Joplin, MO – December 2024 – Cleeman Realty Group is pleased to announce the successful sale of an Ollie’s Bargain Outlet property located in Joplin, Missouri. The 37,650-square-foot retail property, situated on approximately 3.4 acres, recently opened in April and is strategically positioned alongside high-profile retailers Hobby Lobby and Walmart. The property’s prime location attracts shoppers from over 10 miles away, underscoring its regional draw.
Michael Cleeman of Cleeman Realty Group represented both the seller and the buyer in this off-market transaction. The purchaser was drawn to the property’s long-term lease and minimal landlord responsibilities, making it an attractive addition to their investment portfolio. Meanwhile, the seller, looking to pivot toward other projects within their portfolio, capitalized on the property’s strong market appeal and strategic positioning.
“This transaction highlights the ongoing demand for well-located, net-leased retail properties,” said Michael Cleeman, Principal at Cleeman Realty Group. “The Ollie’s Bargain Outlet property in Joplin stands out as a valuable investment opportunity due to its stable tenancy, robust consumer traffic, and alignment with other top-tier national retailers.”
The successful sale of this property reflects Cleeman Realty Group’s commitment to delivering exceptional results for its clients, leveraging deep market expertise and a tailored approach to real estate transactions.
For more information about Cleeman Realty Group and its services, please visit www.cleeman.com