5721 Osage Beach Pkwy Osage Beach, MO 65065

This 6,116 square foot Class B medical office building in Osage Beach, Missouri, presents a compelling investment opportunity. Currently 100% occupied by two tenants under triple-net (NNN) leases, it boasts a strong net operating income (NOI) of $130,922, with a pro-forma NOI of $141,364. The building, constructed in 1983 and renovated in 2023, features three units situated on a 1.4-acre lot at 5721 Osage Beach Pkwy, 65065. The leases include rent bumps. One tenant, Forefront Dermatology, occupies the majority of the space (82%) and recently underwent significant upgrades, including separate exam rooms with full plumbing. The building enjoys a prime location on a major thoroughfare (Osage Beach Parkway, 21,000+ vehicles per day) and is conveniently situated near Interstate 54 (56,000+ vehicles per day) and Lake Regional Hospital, the largest hospital in Camden County. Adjacent land is available for purchase or lease, contingent upon the sale of the office building. The asking price is $1,800,000, representing a price per square foot of $294.31 and a 7.27% cap rate (7.85% pro-forma).