For Sale
Call for price

101 Englewood RdGladstone, MO 64118

Fully occupied medical office building, strong NOI growth.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional investment opportunity presents the chance to acquire the Englewood Medical Center, a 25,607-square-foot, single-story medical office building located at 101 NW Englewood Rd, Gladstone, Missouri, 64118. The property sits on a 4.23-acre lot and boasts 187 parking spaces, ensuring ample convenience for tenants and visitors. Built in 1999, the building is currently 100% occupied by five tenants under leases with a weighted average term of 7.1 years, providing significant stability and predictable income. The property benefits from built-in rent increases, promising attractive net operating income (NOI) growth. Its strategic location within the rapidly growing Northland submarket offers excellent regional access, with close proximity to major transportation arteries including I-35, I-635, Missouri Highways 69 and 169. The area is characterized by strong demographics, including above-average population growth and excellent school districts. Furthermore, the property enjoys a prime location along a retail corridor, just one block from a newly constructed Price Chopper supermarket. The property's zoning is CP-0. The APN is 13909000202501. This is a rare opportunity to acquire a fully occupied, high-performing medical office building in a thriving market.

Highlights

  • Englewood Medical Center, a 25,607 SF single-story medical office building in Gladstone, MO, is 100% occupied with a 7.1-year weighted average lease term.
  • Strong submarket demographics feature above-average population growth and excellent schools.
  • Prime retail corridor location, one block from a new Price Chopper supermarket.
  • Excellent interstate access via I-35, I-635, Highways 69 and 169.

Property Details for 101 Englewood Rd

Property type
Office properties, Medical offices
Square Feet
25,607 SF
Year Built
1999
Stories
1
Lot Size (sq. ft)
184,259 SF

Location Insight

City
Gladstone
County
Clay
State
Missouri
Latitude
39.1962879
Longitude
-94.5823553
101 Englewood Rd, Gladstone, Missouri

FAQs

What type of property is this?
Office property - Fully occupied medical office building, strong NOI growth.
Where is the office property located?
The property is located at 101 Englewood Rd Gladstone, MO.
What are key features of this property?
This property features: Englewood Medical Center, a 25,607 SF single-story medical office building in Gladstone, MO, is 100% occupied with a 7.1-year weighted average lease term.; Strong submarket demographics feature above-average population growth and excellent schools.; Prime retail corridor location, one block from a new Price Chopper supermarket.
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101 Englewood Rd
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