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$1,920,000
Est. payment /mo
18,598 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 18,598 sqft
Price per Sqft $103
MLS Listing ID MAR25008941
Construction Status 72
Year Built 1953
Building Age 72
Lot Size 1.930 Acres
Acres 1.93
Property Sub-Type Commercial & Indr.
Property Description
Seize this exceptional investment opportunity featuring an 18,598 m/l sq. ft. commercial property with prime I-44 visibility. Fully leased by a national automotive tenant with 9 years remaining and a strong 7.64% cap rate, this property offers long-term stability and passive income. The tenant also holds the first right of refusal, adding security to your investment.
Sitting on 1.93 m/l acres, the property includes multiple overhead doors, a breakroom, a waiting area, office area with central air, restrooms, an asphalt parking lot, a sprinkler system, exterior lighting, and six heating systems.
Even more potential awaits! An additional 20.96 m/l acres is available right next door, making this a rare opportunity for expansion or future development in a high-traffic location.
Sitting on 1.93 m/l acres, the property includes multiple overhead doors, a breakroom, a waiting area, office area with central air, restrooms, an asphalt parking lot, a sprinkler system, exterior lighting, and six heating systems.
Even more potential awaits! An additional 20.96 m/l acres is available right next door, making this a rare opportunity for expansion or future development in a high-traffic location.
Location
State MO
County Pulaski
Area St Robert
Zoning Commercial
Interior
Heating Individual Unit
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Roof Type Metal
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Construction Status 72
Others
Special Listing Condition Other, None
Virtual Tour https://youtu.be/rfNvcAHl0Vc
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Listed by Michael Woessner • Investment Realty, Inc.