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1636 S Glenstone Ave
Springfield, MO 65804
APO Medical Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
14,336 SF
Building Class
B
Year Built
2018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,336 SF
Building FAR
0.18
Lot Size
1.79 AC
Zoning
General Retail
Parking
105 Spaces (7.32 Spaces per 1,000 SF Leased)

ABOUT 1636 S GLENSTONE AVE , SPRINGFIELD, MO 65804

• 14 Year NNN Medical Center in Springfield MO - No Landlord Responsibilities • 6.8% CAP Rate, with 2% Annual Rent Increases ($5,272 next year, compounding every year) • APO Medical generates significant cash reserves annually, operates at a healthy rent-to-revenue ratio, and provides audited financials on an annual basis (available upon execution of confidentiality agreement) • APO Medical serves 700+ patients from 29 counties across Southwest Missouri, and has for over 35 years • Grove Pharmacy is on-site and is a subtenant of APO Medical • APO Medical has 43 full-time employees. This location is their primary medical center, pharmacy and executive offices. • Since 1983, APO services provided include primary medical care, specialty medical care, dental care, mental health and substance abuse services, nutritional counseling, case management for both infected and affected clients, adherence services, counseling and testing services, and emergency client assistance

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
88-12-29-308-120
Land Assessment
$44,500
Improvements Assessment
$138,800
Total Assessment
$183,300
  • Listing ID: 13904254

  • Date on Market: 9/28/2018

  • Last Updated:

  • Address: 1636 S Glenstone Ave, Springfield, MO 65804

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