2102 N Outer Dr - Office FOR SALE


Dexter, MO 63841
$695,000 USD
573-510-3993
2102 N Outer Dr, Dexter, MO for Sale
$695,000 USD
Office - FOR SALE
1/1
null | 9.76% Cap Rate

2102 N Outer Dr
Dexter, MO 63841


HIGHLIGHTS

  • Prime location along U.S. Highway 60 with future Interstate 57 designation for enhanced connectivity.
  • Strong current income supported by a leased office building and additional upside from storage units.
  • Value-add opportunity through storage lease-up and rental rate optimization.
  • Excellent visibility and accessibility with direct highway exposure and convenient ingress/egress.
  • Positioned near Dexter’s main commercial corridors, retail amenities, and employment hubs. [commercialsearch.com], [lorimont.com]

OVERVIEW

2102 N Outer Road presents a compelling investment opportunity in Dexter, Missouri, combining stable income with clear value-add potential. This Class A office property spans 3,700 square feet and sits on a 0.68-acre parcel with direct frontage along U.S. Highway 60, a major east-west corridor designated as part of the future Interstate 57. This strategic location ensures exceptional visibility, strong traffic counts, and convenient regional connectivity, positioning the asset for long-term appreciation as infrastructure improvements advance. The property currently generates reliable cash flow through a leased office component, complemented by on-site storage units that offer significant upside through lease-up and rental optimization. At the current asking price, the asset delivers an attractive 9.76% in-place cap rate, with a pro-forma cap rate of 12.64% achievable upon stabilization of storage occupancy. This dual-income structure provides investors with a diversified revenue stream and mitigated risk profile. Surrounded by Dexter’s primary commercial corridors, retail services, and employment centers, the property benefits from strong local demand drivers. Its immediate highway exposure and excellent ingress/egress enhance accessibility for tenants and customers alike. With future interstate designation and multiple income sources, 2102 N Outer Road is ideally suited for investors seeking immediate yield and long-term growth potential in a market poised for continued expansion.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

9.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

19-4.0-017-004-001-005.03000

ASK ABOUT THIS PROPERTY

Matt HuberLorimont, L.C.More Info
573-510-3993

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Matt HuberLorimont, L.C.More Info
573-510-3993

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.