525 AndColumbia, MO 65201

For Sale
Call for price

Class A Medical Office, 27,492 SF, 91% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A medical office building, totaling 27,492 square feet, presents a compelling investment opportunity. Located at 525 N Keene St, Columbia, MO 65201, this single-building property boasts a 91% occupancy rate across three tenants. Constructed in 2011, the building sits on a 2.59-acre lot and is situated on the 1st and 2nd floor. The property's prime location in Boone County, Missouri, benefits from Columbia's robust healthcare sector and significant recent population growth. The building offers a diverse mix of medical specialties among its tenants. The building's strong occupancy and desirable location make it an attractive investment prospect with potential for future NOI growth, driven by CPI rent increases built into existing leases and renewal options. This is a multi-tenant property offering a stable income stream. The building is part of a larger portfolio, but this listing specifically includes suites 101, 102, 103, 201, and 202. Note that suites 301 and 302 are under separate ownership and are not included in this offering. This is a rare opportunity to acquire a high-quality medical office building in a thriving market.

Highlights

  • 27,492 SF Class A medical office building with 91% occupancy, located at 525 N Keene St, Columbia, MO 65201.
  • High-quality tenants, including those heavily integrated into the local health system, with a strong mix of medical specialties. University of Missouri System tenants boast S&P AA+ and Moody's Aa1 ratings.
  • Significant future NOI growth potential due to CPI rent increases in existing leases and renewal options.
  • Attractive Columbia, MO market; 20.5% metro population growth over the last five years, central Missouri's medical services hub.

Property Details for 525 And

Property type
Other office properties, Medical offices
Square Feet
27,492 SF
Class
A
Year Built
2011
Buildings
1
Lot Size (sq. ft)
112,820 SF

Location Insight

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

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525 And
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