Historical Industrial Sale Listing - 1903 N Barnes

Industrial For Sale

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1903 N Barnes

1903 N Barnes, Springfield, MO 65803

N/A

51,000 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
51,000 SF
Property Type:
Industrial
Property Sub-type:
Manufacturing
Property Use Type:
Net Lease Investment with
9 years left on lease
Tenancy:
Single
Listing ID
15387935
Last Updated
over 1 year ago

Utilities

  • Sprinklers

Description

2 INDUSTRIAL BUILDINGS AND 3 HOUSES ON 7.9 ACRES. 1 BUILDING IS 35,000 SF, FEATURING 2,800 SF OF OFFICE SPACE. SECOND BUILDING IS 16,000 SF AND IS ALL STORAGE. 13 OVERHEAD DOORS, 20 FT HIGH CEILING, 3 PHASE ELECTRIC. FOR PARKING, THERE IS 46,000 SF ASPHALT, 2,950 OF CONCRETE PAVING, AND 40,500 SF OF GRAVELED PARKING AND OPEN STORAGE. UNDER TRIPLE NET LEASE TO LIMOUSINE MANUFACTURER. TENANT CURRENTLY PAYS 11,700 WITH 3% INCREASE SCHEDULED FOR OCTOBER 2008. ZONED GENERAL MANUFACTURING. SMALLER BUILDING IS SPRINKLED. LEASE WAS EXECUTED IN 2001 FOR 5 YEARS, WITH 5 TWO-YEAR OPTIONS. CURRENT LEASE WOULD GO THROUGH 2016 IF ALL OPTIONS EXERCISED. CURRENTLY HAS 50% TAX ABATEMENT. TENANTS HAVE FIRST RIGHT OF REFUSAL FOR 10 DAYS AFTER RECEIPT OF THIRD PART OFFER. PLEASE ALLOW ADEQUATE TIME IN ANY OFFER.

GLENSTONE TO BLAINE, EAST TO BARNES, NORTH TO PROPERTY

Map of 1903 N Barnes, Springfield, MO 65803 (Greene County)

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Created 10/15/2007