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2835 N Oak Grove Ave
Springfield, MO 65803
Mérieux NutriSciences | Springfield, MO · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Single-Tenant Mérieux NutriSciences (Silliker, Inc.) Corporate Net Lease Investment Opportunity:
- Fixed Increases Every 5 Years and One 5-Year Option at FMV
- Corporate Lease Backed by Silliker, Inc. With Strong Balance Sheet (Contact Broker for More Details)
- New 20-Year NNN Lease; 18 Years Remaining
- Mérieux NutriSciences Has More Than 140 Accredited Laboratories and a Team of Over 10,000 Employees Worldwide
- Springfield Metro Ranks Among Top Food Manufacturing Hubs in the U.S., Contributing to the Success of the Subject Property
EXECUTIVE SUMMARY
New 20-Year NNN Lease; With Recent Long Term Commitment | Strong Corporate Guaranty | Excellent Access to Midwest Transportation Corridors
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 27,050 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 2015/2023 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | A | Opportunity Zone |
Yes
|
| Lot Size | 2.39 AC | ||
| Zoning | GM - General Manufacturing | ||
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 2.39 AC |
| Rentable Building Area | 27,050 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2015/2023 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
| Zoning | GM - General Manufacturing |
PROPERTY TAXES
| Parcel Number | 12-04-205-022 | Improvements Assessment | $808,450 |
| Land Assessment | $91,200 | Total Assessment | $899,650 |
PROPERTY TAXES
Parcel Number
12-04-205-022
Land Assessment
$91,200
Improvements Assessment
$808,450
Total Assessment
$899,650
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