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304 Teaco Rd

12,077 SF 100% Leased Office Building Kennett, MO 63857 $6,475,003 CAD ($536 CAD/SF) 8.50% Cap Rate

Investment Highlights

  • 20-Years Remaining On The Initial Term Of The Lease
  • 10.33% Blended Cap Rate Over The Initial Lease Term
  • 2% Annual Rent Bumps Providing Continual Appreciation
  • Corporate Guarantee From Parent Conglomerate American Medical Administrators, Inc

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
12,077 SF
Building Class
B
Year Built
1995
Price
$6,475,003 CAD
Price Per SF
$536 CAD
Cap Rate
8.50%
NOI
$550,375 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
12,077 SF
Building FAR
0.10
Lot Size
2.65 AC
Opportunity Zone
Yes

Amenities

  • Kitchen
  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-01.0-01-001-03-004.002.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$196,631 CAD
  • Listing ID: 33512590

  • Date on Market: 2024-10-14

  • Last Updated:

  • Address: 304 Teaco Rd, Kennett, MO 63857

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