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3000-3030 Phoenix Center Dr
Washington, MO 63090
Retail Property For Sale
Investment Highlights
- Upside Potential
- Location, Location, Location
- Tenured Tenancy
- Strong Neighborhood Fundamentals
- Modern Neighborhood Retail Tenancy
- Favorable True NNN Lease Structure
Executive Summary
OFFERING SUMMARY
The center is being offered “free and clear” of any debt with an asking price of $4,000,000. Ownership anticipates that investors take into consideration the nature of the tenancy, WALT, locational attributes, upside potential and tenured tenancy when evaluating the opportunity.
The center is being offered “free and clear” of any debt with an asking price of $4,000,000. Ownership anticipates that investors take into consideration the nature of the tenancy, WALT, locational attributes, upside potential and tenured tenancy when evaluating the opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
15,065 SF
Building Class
B
Year Built
2007
Price
$4,000,000
Price Per SF
$265.52
Cap Rate
6.44%
NOI
$257,784
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.78 AC
Parking
86 Spaces (5.89 Spaces per 1,000 SF Leased)
Frontage
350’ on Highway 100
Property Taxes
| Parcel Number | 10-7-250-0-040-045100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $658,176 |
Property Taxes
Parcel Number
10-7-250-0-040-045100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$658,176
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