Listed by Intelica
$6,000,000
16721 Main Street
Details
Property Type Hospitality, Mixed Use
Sub Type Medical Office, Restaurant
Square Footage 36,126
Units 18
Cap Rate 8.16%
NOI $489,638
Occupancy 93%
Tenancy Multi
Price per SqFt $166
Class A
Year Built 2006
Buildings 1
Stories 2
Acreage 1.960
Zoning C8
Investment Type Stabilized
Modern Mixed Use Investment Sale - 93% Occupancy
Marketing description
Intelica is pleased to present investors the opportunity to aquire 16721-16795 Main Street in Wildwood, MO (Wildwood TC). Wildwood TC is located in the heart of Wildwood with visibility from MO-100/Manchester Road. At 92% occupancy, this opportunity provides a stabilized cash flow with up-side potential through lease up and renewals.
Investment highlights
- Modern Class A mixed use building located in the heart of Wildwood, MO.
- Stabilized asset with upside potential.
- Stabilized rent roll with anchor tenants leased out beyond 2030 and a 4.01 WALT.
- Directly across the street from the proposed 189-unit multi-family development.
- High image and well-maintained.
- Diverse tenant mix including restaurants, retail, medical, and professional office.
- Over $500,000 in Tenant Improvements performed under current ownership.
Listing Contacts
Listed by Intelica
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$489,638.00
$40,803.17/mo
Valuation Metrics
0
DSCR
8.16%
Cap Rate
8.16%
ROI
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