For Sale
$6,300,000

5571 Gretna Rd Branson, MO 65616

High-yield Branson medical office building.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 39,450-square-foot medical office building in Branson, Missouri, currently housing a Veterans Administration Medical Facility as its anchor tenant. The property boasts a 7.30% cap rate and a strong net operating income (NOI) of $458,288. The building, constructed in 2006 and renovated in 2009 and 2018 (with ongoing maintenance), features 37,786 square feet of net rentable space, currently operating at 100% occupancy. The property is situated at 5571 Gretna Rd, Branson, MO 65616, and is offered at an asking price of $6,300,000 ($159.70/sq ft). The lease is a triple-net (NNN) multi-tenancy agreement with the VA, with six years remaining on a 10-year lease, including an option for an additional 10 years. Four of the six executive suites are currently leased. The seller guarantees leasing of the two vacant suites (D and F) within two years of closing, at a rate of $11/sq ft and $13/sq ft respectively. This property offers a secure, high-return investment with a stable, long-term tenant and significant upside potential. The property's APN is 08-9.0-300-000-000-057.016 and 08-9.0-30-000-000-057.017.

Highlights

  • Exceptional investment opportunity with a strong anchor tenant: U.S. Department of Veterans Affairs Medical Clinic.
  • Six-year remaining lease term on a 10-year lease, with a 10-year renewal option.
  • Four of six executive suites currently leased; Seller guarantees lease-up of remaining suites within 2 years at $11/SF and $13/SF respectively.

Property Details for 5571 Gretna Rd

Property type
Office properties, Medical offices
Square Feet
39,450 SF
Year Built/Renovated
2006/2009

Location Insight

City
Branson
County
Taney
State
Missouri
Latitude
36.6659178
Longitude
-93.2519887

FAQs

What type of property is this?
Office property - High-yield Branson medical office building.
Where is the office property located?
The property is located at 5571 Gretna Rd Branson, MO.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: Exceptional investment opportunity with a strong anchor tenant: U.S. Department of Veterans Affairs Medical Clinic.; Six-year remaining lease term on a 10-year lease, with a 10-year renewal option.; Four of six executive suites currently leased; Seller guarantees lease-up of remaining suites within 2 years at $11/SF and $13/SF respectively.
How can I contact the broker?
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5571 Gretna Rd
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