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11392932
11472564

3100 Independence Sq, West Plains, MO 65775

KG
MO 2006013557
United Country Missouri Ozarks Realty Inc
Listed by United Country Missouri Ozarks Realty Inc
$1,950,000
1241 days on market
Updated 38 days ago

3100 Independence Square

Details
APN 15401700300102800000
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 12,400
Net Rentable (SqFt) 6,000
Units 2
NOI $110,606
Occupancy 60%
Tenancy Multi
Lease Type Net
Price per SqFt $157
Class A
Year Built 2006
Buildings 1
Stories 1
Acreage 0.400
Zoning Commercial
Parking Spaces 20 spaces
Parking Per SqFt 1.61
Investment Type Owner/User

Previous Medical Office Condo: Two entrances, 6 exam rooms, 2 offices, reception etc.

Marketing description

FOR LEASE OR SALE: Income Producing and currently leased to our Local Hospital for $110,606/yr. There are 1500 - 6000 square feet available for lease with separate entrance. This office condo is conveniently located in Independence Square right off the main thoroughfare. The growing tow n of West Plains has become a medical hub for all the small tow ns in the area and beyond by offering advanced medical services not usually found in smaller tow ns. There is an opportunity for any kind of medical specialty or office space. Maintenance free with Brick and Stucco construction. There is a condo association that manages the grounds. Currently set up for medical, how ever it could be used for any type of business. West Plains has so much for a tow n with population of just over 12,000. Ozarks Medical Center is a top rated hospital that recently completed a $70 million expansion and offers General and Specialized medicine with Top Rated Heart and Cancer departments. Missouri State University of West Plains has a campus of approximately 2000, offering excellent continuing education to the area and beyond. The university has their ow n Women's Volleyball and Men's Basketball teams and provide another level of entertainment for our residents. There is excellent opportunity for employment in West Plains with several manufacturing plants, lots of small businesses, retail, farming, opportunities galore! West Plains is the shopping and entertainment hub of How ell County (with a population of 40,000+) and several surrounding counties! West Plains Civic Center plays host to concerts and activities year round along with local Small Stage Theatres that hosts multiple popular plays and musicals each year. We offer a large Farmer's Market every Wednesday and Saturday morning and there are many specialized and boutique stores that offer anything from fresh, specialty and deli meats to old-fashioned candy.


Investment highlights


Listing Contacts

KG
MO 2006013557
United Country Missouri Ozarks Realty Inc
Listed by United Country Missouri Ozarks Realty Inc

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,606.00
$9,217.17/mo

Valuation Metrics

0
DSCR
5.67%
Cap Rate
5.67%
ROI

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