4955 S National Ave - Medical FOR SALE


Springfield, MO 65810
$1,626,000 USD
980-498-3293
4955 S National Ave, Springfield, MO for Sale
$1,626,000 USD
Medical - FOR SALE
1/3
null | 7.25% Cap Rate

4955 S National Ave
Springfield, MO 65810


HIGHLIGHTS

  • NATION’S LARGEST DENTAL SUPPORT ORGANIZATION
  • PURPOSE-BUILT MEDICAL FACILITY
  • REGIONAL HEALTHCARE DESTINATION
  • HIGH-VISIBILITY COMMERCIAL CORRIDOR
  • AFFLUENT & ESTABLISHED TRADE AREA
  • STRONG SPRINGFIELD MSA FUNDAMENTALS

OVERVIEW

Atlantic Capital Partners has been exclusively retained to offer for sale 4955 South National Avenue in Springfield, Missouri, a purpose-built medical office property anchored by Heartland Dental, one of the nation’s largest dental support organizations. The offering features 76% occupancy with a long-term healthcare tenant in place, while the remaining 1,789 SF medical office suite is currently vacant, presenting investors with an attractive value-add leasing opportunity alongside stable in-place cash flow. Constructed in 2013, the property occupies a highly visible location along South National Avenue within one of Springfield’s premier healthcare and commercial corridors. Situated just west of US-160 (South Campbell Avenue), the asset benefits from exceptional accessibility, exposure to more than 47,600 vehicles per day, and close proximity to CoxHealth, Mercy Hospital Springfield, numerous national retailers, and a wide variety of restaurants and daily-needs services. Springfield serves as the economic and healthcare center of Southwest Missouri, supported by a diverse employment base, leading medical institutions, and continued residential growth. Combined with its strategic location and strong regional healthcare fundamentals, the property presents investors with the opportunity to acquire a well-located medical office asset featuring durable in-place tenancy and meaningful upside through the lease-up of the currently vacant 1,789 SF suite.

FOR SALE DETAILS

PRICE

$1,626,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental - Springfield, MO

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

PD - 306

APN/PARCEL ID

18-24-101-343

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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