For Sale
$1,750,000

18410 Us-169 Hwy Smithville, MO 64089

High-yield Missouri warehouse, 7% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A industrial property, located at 18410 US-169 Highway in Smithville, Missouri (zip code 64089), presents a compelling sale-leaseback opportunity. The property consists of two, single-story buildings totaling 11,000 square feet on a 3.76-acre lot, zoned I-1. Built in 2002 and renovated in 2013, the property boasts a 21'6" ceiling height, five 15'6" high drive-in doors, and ample parking. Currently 100% occupied with a leaseback agreement in place until August 21, 2024, this investment offers a strong, immediate return. The Net Operating Income (NOI) is $122,722, resulting in a 7.00% capitalization rate. The asking price is $1,750,000. Its prime location on US-169 Highway provides excellent visibility and accessibility, making it ideal for various commercial activities, including manufacturing, warehousing, distribution, and logistics. The existing tenant, a reputable company, is committed to a long-term leaseback, ensuring a stable income stream for the new owner. This property offers a rare combination of high yield, strong tenant occupancy, and a desirable location in a thriving market. The property's modern design and robust infrastructure make it a highly attractive investment for both seasoned and new commercial real estate investors.

Highlights

  • $1,750,000 asking price for this Class A industrial property.
  • 11,000 square foot manufacturing/warehouse on a 3.76-acre lot in Smithville, MO.
  • 7.00% cap rate with a $122,722 NOI and 100% occupancy through August 21, 2024.
  • Sale-leaseback opportunity with a 10-year lease in place.
  • Two single-story buildings built in 2002 and renovated in 2013, featuring 21'6" ceilings and I-1 zoning.

Property Details for 18410 Us-169 Hwy

Property type
Warehouses, Industrial properties
Square Feet
11,000 SF
Class
A
Year Built/Renovated
2002/2013
Buildings
2
Stories
1
Lot Size (sq. ft)
163,786 SF

Location Insight

City
Smithville
County
Clay
State
Missouri
Latitude
39.426992
Longitude
-94.5859289

FAQs

What type of property is this?
Warehouse - High-yield Missouri warehouse, 7% cap rate.
Where is the warehouse located?
The property is located at 18410 Us-169 Hwy Smithville, MO.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: $1,750,000 asking price for this Class A industrial property.; 11,000 square foot manufacturing/warehouse on a 3.76-acre lot in Smithville, MO.; 7.00% cap rate with a $122,722 NOI and 100% occupancy through August 21, 2024.
How can I contact the broker?
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18410 Us-169 Hwy
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