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Briggs & Stratton 1515 Cravens Rd 125,000 SF Industrial Building Poplar Bluff, MO 63901 $5,791,560 ($46.33/SF) 7.50% Cap Rate
Investment Highlights
- Industry Leading Tenant | Private Equity Backed
- Mission-Critical Facility Adjacent to Major Manufacturing Facility
- Passive NN Investment Opportunity with Aggressive Annual Rent Growth
- Build-to-Suit Construction with Attractive Amenities
- Strong Historical Occupancy with Multiple Extensions
- Strong Industrial Positioning | Ozarks Foothills Location
Executive Summary
Northmarq Commercial, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale, the fee simple interest in the single-tenant industrial property located at 1515 Cravens Road in Poplar Bluff, Missouri (the “Property”). A build-to-suit facility constructed in 2009, the Property encompasses 125,000 square feet on 5.21 acres at the corner of Missouri State Route 142 and County Road 305/306.
Property Facts
| Price | $5,791,560 | Rentable Building Area | 125,000 SF |
| Price Per SF | $46.33 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2009 |
| Cap Rate | 7.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.6/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 40’ |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 5.21 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I - INDUSTRIAL | ||
| Price | $5,791,560 |
| Price Per SF | $46.33 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 5.21 AC |
| Rentable Building Area | 125,000 SF |
| No. Stories | 1 |
| Year Built | 2009 |
| Tenancy | Single |
| Parking Ratio | 0.6/1,000 SF |
| Clear Ceiling Height | 40’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I - INDUSTRIAL |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Briggs & Stratton
- -
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Briggs & Stratton | - | 99,999 SF | - | Jan 0000 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 109-13-05-16-0-004-000-012-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,570,560 |
Property Taxes
Parcel Number
109-13-05-16-0-004-000-012-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,570,560
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