This Office property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Office For Sale, Gallatin, MO or Missouri
Commercial Office Building-Tenant Pays $82,961/yr
209 Ash Street, Gallatin, MO 64640
N/A
7,400 SF
Office
Office Building
Investment
100%
Single
1.03 AC
-
Last Verified 9/29/2009
Listing ID 15813657
Description
Current Tenants: Govt. Entity serving entire county' s rural residents.
Property offers 7.8% return on investment with current occupants.
Current Rent Income: $ 82,961.50
Net Rentable Square Feet: 5990 sq. ft.
Lease Term: 5 years, starting 2/2007 with negotiable renewable 5 years.
Full Service Lease: incl. owner pays for Janitor, Utilities, Lawn Care and Snow Removal, Pest Control, and all repairs and maintenance associated with the building.
Description:- Wood Frame Building w/vinyl siding, faux rock & mortar front and wainscoat, steel doors, and double set of glass main doors.
- 3 Heat/Cooling Units service the building.
- Offices are carpeted, hallways, entrances, break room and computer room are tiled.
- ADA compliant.
- Asphalt and Concrete Sidewalks and Parking.
- Overlooks approx. 2 acre lake/pond.
- Building constructed in 1997 and added onto in 2002.
Financials:
2007 (became full service 2/07) 2006(min service) 2005 (min service)
Gross Rental Income: $ 82,961 $50,915 $50,915
Net Rental Income: $ 51,263 $40,628 $40,527
Northwest Missouri
Map of 209 Ash Street, Gallatin, MO 64640 (Daviess County)
Created 7/22/2008
Additional Information for 209 Ash Street, Gallatin, MO 64640
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO