525 Keene StColumbia, MO 65201

For Sale
$2,500,000

Class A medical office, sale-leaseback opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A medical office building, located at 525 N Keene St, Suites 301 & 303, Columbia, MO 65201, presents a compelling investment or owner-user opportunity. The property boasts 8,451 square feet of net rentable space, currently 100% occupied by Jefferson City Medical Group under a 5-year NNN lease. The asking price is $2,500,000, representing a compelling $295.82 per square foot and a 6.00% cap rate based on a current NOI of $150,000. The building, constructed in 2013, features two units within a single, three-story structure situated on a 2.59-acre lot. Convenient elevator and stair access are available. The property benefits from its prime location in Columbia's premier medical district, with frontage along Keene Street. The permitted zoning is PD (Planned Development). This fee-simple ownership offers a sale-leaseback option with lease terms negotiable. The property's APN is 17-104-00-13-001.00 01. This is a rare opportunity to acquire a high-quality, fully occupied medical office building with strong potential for future growth and appreciation. The leaseback terms are open to negotiation.

Highlights

  • Class A medical office building, 8,451 SF, 100% occupied, $2,500,000 asking price.
  • Located at 525 N Keene St, Suites 301 & 303, Columbia, MO, in a prime medical district.
  • 5-year NNN lease with Jefferson City Medical Group; $295.82/SF; 6.00% cap rate.
  • Sale-leaseback option available; lease terms negotiable.
  • 2.59-acre lot, built in 2013, APN 17-104-00-13-001.00 01.

Property Details for 525 Keene St

Property type
Other office properties, Medical offices
Square Feet
8,451 SF
Class
A
Year Built
2013
Buildings
1
Stories
3
Lot Size (sq. ft)
112,820 SF
Units
2

Location Insight

City
Columbia
County
Boone
State
Missouri
Latitude
38.957201093587
Longitude
-92.289609677146
525 Keene St, Columbia, Missouri

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525 Keene St
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