725-741 W Springfield Ave - Freestanding FOR SALE
Gerald, MO 63037 |
$1,581,125 USD
817-658-3100
725-741 W Springfield Ave
Gerald, MO 63037
HIGHLIGHTS
- Value-Add Opportunity With Immediate NOI Growth in Gerald, MO
- The Center Boasts a Complimentary, Essential Needs Based Tenant Mix Which Have Been in the Center for 10+ Years
- Tenants Include Citizen's Bank, Medley Pharmacy, Gerald Dental, and Mercy Clinic - Family Med
- Development Land, Large 5.8 Acre Site Includes Commercially Zoned Excess Ground Available for Development
- Ample Parking Lot & Dual Point to Entry to Accommodate Various Tenant Customers
- Excellent Visibility of the Center From US-50 & Direct Access to US-50/Fitzgerald, the Main Thoroughfare Through the City of Gerald
OVERVIEW
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire Gerald Plaza in Gerald, MO. The subject property is a value-add opportunity with immediate NOI growth. The center boasts a complimentary, essential needs based tenant mix which have been in the center for 10+ years.
In Cooperation With Brian Brockman at Bang Realty-Missouri Inc | MO #2017032771 | bor@bangrealty.com | (513) 898-1551
FOR SALE DETAILS
PRICE
$1,581,125 USD
PRICE/SF
$81 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Gerald Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.8 AC
LAND SF
252,648 SF
ZONING
-
APN/PARCEL ID
25-1-110-3-099-001000,25-1-110-3-099-001300
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817-658-3100
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817-658-3100
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