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Investment Highlights

  • Proposed 8-year sale-leaseback structure
  • In-place income from operating owner
  • Long-term income growth profile
  • $804,000 annual base rent with 2% annual escalations
  • Strategic in-town location on Chestnut Expressway

Executive Summary

This 103,000-square-foot industrial facility is offered at $10,000,000 as an investment sale with a proposed 8-year sale-leaseback. The lease structure provides $67,000 per month ($804,000 annually) with 2% annual increases, creating stable, growing income from an owner-tenant with long-term occupancy in place. Buyer to verify zoning with City. Zoning for the City will be updated as of April 7, 2026.

Property Facts

Price $10,000,000
Price Per SF $97.09
Sale Type Investment
Cap Rate 8.04%
Sale Condition Sale Leaseback
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 7.23 AC
Rentable Building Area 103,000 SF
No. Stories 1
Year Built 1964
Parking Ratio 1.94/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 7
Opportunity Zone Yes
Zoning GM - General Manufacturing
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
12-16-310-036
Land Assessment
$357,730
Improvements Assessment
$445,310
Total Assessment
$803,040
  • Listing ID: 39995493

  • Date on Market: 4/1/2026

  • Last Updated:

  • Address: 424 N Cedarbrook Ave, Springfield, MO 65802

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