Listed by BHHS Stein & Summers
$1,425,000
3603 Frederick
Details
Property Type Retail
Sub Type Free Standing
Square Footage 27,225
Cap Rate 7.02%
NOI $100,000
Occupancy 67%
Tenancy Multi
Lease Type Net
Lease Expiration 01/31/2026
Remaining Term 3
Price per SqFt $52
Broker Co-Op Yes
Buildings 3
Stories 2
Acreage 1.320
Zoning C-3
Investment Type Value Add
Multi-tenant retail building near the main intersection of Belt Hwy & Frederick Ave, St. Joseph, MO
Marketing description
Value-Add retail building for sale near the intersection of Belt Hwy and Frederick Ave. 13,400 SF on the east side has high ceilings and is sprinkled. The west side is 2 connected buildings with 9,685 SF on the main level and a 4140 SF lower level with level access. Fully leased with approximately 1-2 years remaining on terms.
Investment highlights
Located near Belt and Frederick
27,225 SF - 23,085 on main level
Dock, overhead door off 36th St
Freight elevator
Listing Contacts
Listed by BHHS Stein & Summers
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,000.00
$8,333.33/mo
Valuation Metrics
0
DSCR
7.02%
Cap Rate
7.02%
ROI
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