$4,520,000 USD
844-585-7682
600-611 W Commercial St
Springfield, MO 65803
Woodland Heights
HIGHLIGHTS
- Single-Tenant Industrial Sale Leaseback Opportunity; Reed’s Plumbing & Excavating; Established, Local Company with 53+ Years of Operating History at t
- Brand-new 10-year absolute NNN lease; zero landlord responsibilities 1.5% annual increases during the base term and each of the three 5-year options
- 53+ year track record; Strong EBITDAR to rent coverage
- Strong Demographics Within a 5-Mile Trade Area; Direct Consumer Base: More than 142,000 residents and 116,000 employees support the trade area
- Springfield is the Third Most Populous City in Missouri and is the County Seat of Greene County
- Home to over 170,000 residents, the greater Springfield metropolitan area has a population of approximately 500,000 people
FOR SALE DETAILS
PRICE
$4,520,000 USD
PRICE/SF
$215 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Reeds Plumbing | Springfield, MO
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1948
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
2.47
LAND SF
107,680
ZONING
I
APN/PARCEL ID
13-11-411-021,881311414029
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844-585-7682
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844-585-7682
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