For Sale
$2,390,000

1206 Palisades Blvd Osage Beach, MO 65065

Lake Ozark Office Building, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional Class A, 16,260 square foot office building in Osage Beach, Missouri, presents a compelling owner-user or investment opportunity. Boasting a 100% occupancy rate with 9 tenants across 16 suites, this single-story, 1988-built property generates a strong net operating income (NOI) of $119,257, yielding a 4.99% cap rate. The asking price is $2,390,000, translating to $146.99 per square foot. Situated on a 1.5-acre lot at 1206 Palisades Blvd (zip code 65065), this prime location offers excellent visibility and accessibility, adjacent to Highway 54 and KK Highway, near popular destinations like Margaritaville and Lake of the Ozarks. Amenities include ample parking, all ground-level units with private entrances, and professional leaseholders. The property benefits from built-in rent bumps and features digital signage with highway visibility at no cost. This well-maintained building provides a diverse mix of tenants, ensuring consistent cash flow and a stable investment. The property includes professional management and is conveniently located near Ace Hardware, Dollar General, numerous restaurants, and Slumberland Furniture. This is a rare opportunity to acquire a high-performing commercial property in a thriving lakeside community.

Highlights

  • 16 rentable suites.
  • 100% occupancy.
  • Professionally managed.
  • Excellent highway visibility (Hwy 54 & KK, Osage Beach).
  • Free digital signage with highway visibility.
  • All ground-level units with private entrances.

Property Details for 1206 Palisades Blvd

Property type
Office properties
Square Feet
16,260 SF
Class
A
Year Built
1988
Buildings
1
Stories
1
Lot Size (sq. ft)
65,340 SF
Units
16

Location Insight

City
Osage Beach
County
Camden
State
Missouri
Latitude
38.114385044832
Longitude
-92.688660310385

FAQs

What type of property is this?
Office property - Lake Ozark Office Building, High Occupancy
Where is the office property located?
The property is located at 1206 Palisades Blvd Osage Beach, MO.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: 16 rentable suites.; 100% occupancy.; Professionally managed.
How can I contact the broker?
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1206 Palisades Blvd
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