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1903 N Barnes
Springfield, MO 65803 ·

51,000 SF · Industrial For Sale

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1903 N Barnes

Price N/A Property Use Type Net Lease Investment with 9 years left on lease
Building Size 51,000 SF Tenancy Single
Property Type Industrial Features Sprinklers
Property Sub-type Manufacturing
Listing ID: 15387935 Date Created: 10/15/2007 Last Updated: 01/21/2008

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

Utilities

  • Sprinklers

Research

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

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