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3251 Bagnell Dam Blvd, Lake Ozark, MO, 65049

AEG Vision Anchored Retail Strip

$899,000

Key Information

Cap Rate
7%
$ per SF
$97
Tot. SF
6,983
Lot Size
1.9 Acres
Units
4
Year Built
1995
Term Remaining
2.3
Type
Retail
NOI
$62,852

Highlights

• 100% Occupied Multi-Tenant Investment – The property is 100% occupied across four suites by a mix of medical and service-oriented tenants, providing investors with diversified income. Featuring scheduled rent increases across the leases, the property also offers contractual rent growth throughout the hold period.
• Nationally Backed Anchor Tenant – AEG Vision serves as the property’s anchor tenant, occupying 3,600 SF and nearly 52% of the building’s GLA. AEG Vision is a leading eyecare platform with a growing network of practices across the U.S., providing the property with a nationally backed medical tenant that helps drive consistent traffic to the center.
• Complementary, Service-Oriented Tenant Mix – In addition to AEG Vision, the property is leased to Lake Area Cleaners, Profiles Hair Salon, and Peaceful Escape Massage and Spa. Each business provides an in-person service that is difficult to replicate online, creating a tenant mix centered around recurring, locally driven consumer demand.
• Recent Leasing Activity Demonstrates Tenant Commitment – Two of the property’s four tenants recently entered into new 5-year leases, commencing in March 2026 and September 2026. Together, these leases account for approximately 38% of the property’s leased square footage, adding fresh contractual term and demonstrating continued tenant commitment to the location.
• Premier Midwest Tourism & Second-Home Destination – Lake of the Ozarks is a premier Midwest vacation destination, attracting ~5 million visitors annually and a significant seasonal population, with approximately 34% of housing units designated for part-time residents. The combination of tourism and seasonal residency supports year-round commercial demand.
• High Visibility Along Major Thoroughfare – Located along Bagnell Dam Blvd, a primary corridor serving Lake Ozark, the property sits directly across from one of the lake’s largest marinas, featuring 189 wet slips and storage for 200+ additional boats. The location offers convenient access and visibility among an established mix of retail, dining, entertainment, and recreational uses.
• Attractive, Below $100/SF Price Point – Offered below replacement cost at $97.29/SF, the property provides investors with an attractive basis for a fully occupied, multi-tenant asset with diversified tenancy, scheduled rent increases, and a prime location within the Lake of the Ozarks market.

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Location

Agents

Broker of Record

Kyle Matthews

License # 2017010164, 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203