Property Size :
Warehouse :
88,000 SF
# 17310
For sale: an 88,000 square foot industrial building with approximately 2,000 square feet of office space. The building features seven drive-in doors, four loading docks, and 13-15 foot ceiling heights. It is equipped with a 6 MW transformer, 9000 amps, and ample parking. It is located equidistant from St. Louis and Kansas City and includes one acre of fenced side yard. The property is 100% leased with a two-year lease secured with Genera Energy, expiring on October 11th, 2024, with additional renewal options available. The landlord is responsible for the roof, structure, and major mechanical systems, while the tenant is responsible for property maintenance. With an annual income of $343,200 and projected landlord annual expenses of $45,700, the projected net operating income is $297,500. The asking price is $2,800,000, which represents a 10.6% capitalization rate.
Boonville Local Warehouse Experts
Dedicated to Delivering Tailored Warehouse Solutions in Boonville, MO. At IndustrialSpaces.net, we pride ourselves on being more than a warehouse listing service. We are committed to helping businesses in Boonville find the perfect warehouse space that aligns with their specific needs and goals.
Our Expert Services Include:
Bespoke Property Selection: Our local Boonville experts work closely with you to identify properties that match your business requirements.
Full-Rent Process Assistance: From initial viewings to final rent signings, we offer full support to ensure a smooth and successful rental experience.
Optimised Cost Solutions: Leveraging our local market knowledge, we negotiate the best possible terms to deliver cost-effective rental solutions for your business.
With IndustrialSpaces.net, you gain a partner who understands the nuances of the Boonville warehouse market. Reach out to us at (833) 556-5511 for a comprehensive consultation and start your journey towards securing the ideal warehouse space for your business.
Get up to 10% off Asking Price, Free Early Occupancy and Free Rent on your next Lease.