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Off Market
1/36

500 N Keene St
Columbia, MO 65201


HIGHLIGHTS

  • 4 Medical Office Suites Leased to the University of Missouri Hospital Health Systems
  • Tenant Recently Signed a 5-Year Lease Extension on Three of the Four Suites, With the Fourth Suite Signed to a 3-Year Extension
  • Available Suites Comprise +/-12,600 SF on the 3rd Floor of a Class A +/-80,000 SF Office Building, Situated on a 4.37 Acres Lot
  • Tenant Pays All Operating Fees + Building Expenses, Including Property Taxes, Building Insurance, Utilities, and Interior Maintenance.
  • University of Missouri Occupies Several Full Floors, Including the Entire Third Floor, Which the University Completely Remodeled at Their Expense

OVERVIEW

Four medical office suites (the full third floor) leased to the University of Missouri Hospital Systems. The tenant, whose administration and finances are managed by a 9-member oversight board appointed by the Governor of Missouri, recently signed a 5-year lease extension on three of the four suites (306/307/308), and a 3-year extension on the fourth suite (303). The State of Missouri subsidizes the tenant with financial support for operations and capital improvements, acting as a corporate lessee. The suites are located in a 4-story, Class-A office building, part of a larger office complex serving primarily medical-oriented tenants.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

80000

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

294

LAND DETAILS

LAND ACRES

4.37 AC AC

LAND SF

190,357 SF

ZONING

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APN/PARCEL ID

17-116-00-05-001-00-01,17-116-00-05-010-01-01,17-116-00-05-010-02-01,17-116-00-05-010-03-01,17-116-00-05-010-04-01