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304 Teaco Rd

12,077 SF 100% Leased Office Building Kennett, MO 63857 £3,578,114 (£296/SF) 8.50% Net Initial Yield

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
£3,578,114
Price Per SF
£296
Net Initial Yield
8.50%
NOI
£304,140
Percent Leased
100%
Number of Floors
1
Typical Floor Size
12,077 SF
Building FAR
0.10
Lot Size
2.65 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Kitchen
  • Central Heating
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 15-01.0-01-001-03-004.002.000 Improvements Assessment £0
Land Assessment £0 Total Assessment £108,659

PROPERTY TAXES

Parcel Number
15-01.0-01-001-03-004.002.000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£108,659
(314) 598-1469

Contacts

  • Listing ID: 33512590

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: 304 Teaco Rd, Kennett, MO 63857

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304 Teaco Rd
(314) 598-1469 x

304 Teaco Rd

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Alex Perez

(314) 598-1469

(314) 598-1469

Chris Garavaglia

(314) 889-2552

(314) 889-2552

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