202 E 50th St - Medical FOR SALE
Joplin, MO 64804 |
$7,677,189 USD
818-923-6366
202 E 50th St
Joplin, MO 64804
HIGHLIGHTS
- On-campus fee simple Mercy Primary Care facility on Mercy Hospital Joplin campus | 900K SF Campus $435M Project Built in 2015 - Part of $1BN Mercy Inv
- Corporate lease guaranty from Mercy Health | A+ S&P credit rating | Investment Grade
- Leading hospital system | $10.2 billion in revenue | Multi-state footprint
- 2016 purpose-built, build-to-suit facility | 20-year NNN lease | 10 years remaining
- Annual rental increases | Built-in inflation protection | Triple-Net Structure | Ideal 1031 Exchange Opportunity
- Joplin, MO | Ideal healthcare hub location | Dominant four-state market | Primary Care Facility | Premier Asset Class
FOR SALE DETAILS
PRICE
$7,677,189 USD
PRICE/SF
$583 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mercy Health On Campus Outpatient | 10 Yr NNN
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Auto Repair, Convenience Store, Veterinarian/Kennel
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
A
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.77 AC
LAND SF
120,661 SF
ZONING
-
APN/PARCEL ID
05-7.0-26-003-002-005.006
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818-923-6366
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818-923-6366
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