16203 Mo-45Parkville, MO 64152

This exceptional investment opportunity presents a newly constructed, multi-tenant garage complex in Parkville, Missouri. Located at 16203 MO-45, 64152, this property boasts 21,650 square feet across three single-story buildings situated on a 1.71-acre lot. Built in 2024, the property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $287,362.50, resulting in an attractive 7.50% capitalization rate. The property is classified as industrial, retail, and self-storage, with a flex/warehouse subtype, and is offered at an asking price of $3,831,500. The lease type is NNN, minimizing landlord responsibilities. The property's strategic location provides easy access to I-435 and Highway 45, catering to the high demand for multi-tenant garage spaces. Further potential exists for value enhancement through the addition of restrooms and HVAC systems to individual units. This is a turnkey investment with significant upside potential in a thriving market. The property's strong performance and prime location make it an ideal addition to any portfolio. All units are currently leased.