2711 E 24th St | Joplin, MO 64804
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- LoopNet Team
2711 E 24th St
Joplin, MO 64804
SRS Distribution · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Lease with National Tenant - SRS Distribution is a large building material supplier operating in more than 350 locations nationwide.
- This branch location serves as the only SRS branch covering Joplin and the surrounding markets.
- The property is located near Sutherlands and directly adjacent to Lowe's Home Improvement, both synergistic co-tenants.
- $980,000 price point indicates strong value fundamentals, is rare for a national tenant industrial property, and is ideal for 1031 exchange
- The lease features strong annual 3% rent increases and rent options to be determined at fair market value - See rent schedule for more details
- The double net lease allows for passive ownership with landlord responsibilities limited to maintenance and replacement of the roof and structure.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 1969 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 1.30 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 9,100 SF | No. Dock-High Doors/Loading | 1 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
| Zoning | Commercial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.30 AC |
| Rentable Building Area | 9,100 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 1.1/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Commercial |
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
PROPERTY TAXES
| Parcel Number | 19-6.0-13-10-012-015.001 | Improvements Assessment | $46,380 |
| Land Assessment | $10,750 | Total Assessment | $57,130 |
PROPERTY TAXES
Parcel Number
19-6.0-13-10-012-015.001
Land Assessment
$10,750
Improvements Assessment
$46,380
Total Assessment
$57,130
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