101 NW Englewood Rd, Gladstone, MO for Sale
Medical - FOR SALE
1/4
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101 NW Englewood Rd
Gladstone, MO 64118


HIGHLIGHTS

  • Strong submarket demographics, with population growth above the national average and excellent school districts
  • Fully occupied with 7 Year WALT
  • Strategically located along retail corridor, one block away from brand new Price Chopper
  • Great interstate access to Highway 169, I-35 and I-29

OVERVIEW

Newmark Zimmer Midwest Capital Markets (NZ), as exclusive advisor, is pleased to present the opportunity to acquire the fully occupied Englewood Medical Center (the “Property”), a ±25,607-square-foot multi-tenant medical office building located at 101 NW Englewood Road, Gladstone, Missouri 64141. The Property is currently 100% leased to five tenants with a weighted average lease term of 7.3 years and attractive NOI growth through contractual rent increases. Constructed in 1999, the Property is situated on a 4.23 acre parcel with ample surface parking for tenants and visitors. Englewood Medical Center is centrally located within the rapidly growing Northland submarket offering exceptional regional access with proximity to I-35 and I-635, Missouri Highways 69 and 169.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Englewood Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

187

LAND DETAILS

LAND ACRES

4.23 AC

LAND SF

184,259 SF

ZONING

CPO

APN/PARCEL ID

13-909-00-02-025.01

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