424 North Cedarbrook Avenue, Springfield, MO for sale

Investment Overview

This 103,000-square-foot industrial facility is offered at $10,000,000 as an investment sale with a proposed 8-year sale-leaseback. Tenant is an entity of the building's current owner. The lease structure provides $67,000 per month ($804,000 annually) with 2% annual increases, creating stable, growing income from an owner-tenant with long-term occupancy in place.

Investment Highlights

• Proposed 8-year sale-leaseback structure
• $804,000 annual base rent with 2% annual escalations
• In-place income - investment opportunity
• Strategic in-town location on Chestnut Expressway
• Long-term income growth profile