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600-611 W Commercial St
Springfield, MO 65803 Woodland Heights

$4,520,000 USD

Warehouse For Sale  •  21,027 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 50,506 SF
  • Lot Size 2.47 AC
  • Building Class C
  • Year Built 1948
  • Cap Rate 7.35 %
  • Tenancy Single
  • Zoning I
0 Transit Score
75 Walk Score

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
Cap Rate: 7.35 %

Amenities

  • Fenced Lot

Public Transportation

AirportDriveWalkDistance
Springfield-Branson Ntl 19 min - 7.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Jeff Lefko 844-585-7682 Hanley Investment Group
Jeff Lefko 844-585-7682 Hanley Investment Group