For Sale
Call for price

2325 Smiley LnColumbia, MO 65202

15,000 SF, 100% Leased, NNN

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional Class A medical office building, totaling 15,000 square feet, presents a compelling investment opportunity. Located at 2325 Smiley Lane in Columbia, Missouri, the property boasts a single-tenant, 100% occupancy rate with a triple-net (NNN) lease structure. The tenant, MU Health Care, is a highly reputable entity within the University of Missouri System, holding an S&P AA+ credit rating. The lease includes annual CPI rent increases, ensuring future NOI growth potential. Built in 2007, this one-story building sits on a 3.59-acre lot and is zoned PD. The property benefits from the strong Columbia market, experiencing a 20.5% population growth over the past five years, and serves as a central hub for medical services in Central Missouri. MU Health Care's presence, encompassing Family Medicine and Missouri OB/GYN Associates, solidifies the property's long-term stability and value. This is a rare opportunity to acquire a high-quality, stable investment in a thriving medical market. The building's single-tenant occupancy minimizes management complexities and provides predictable cash flow. The annual CPI adjustments ensure the investment keeps pace with inflation. This property is an ideal addition to any portfolio seeking strong returns and long-term growth.

Property Details for 2325 Smiley Ln

Property type
Office properties, Medical offices
Square Feet
15,000 SF
Class
A
Year Built
2007
Buildings
1
Stories
1
Lot Size (sq. ft)
156,380 SF

Location Insight

City
Columbia
County
Boone
State
Missouri
Latitude
38.9931483
Longitude
-92.302677
2325 Smiley Ln, Columbia, Missouri

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2325 Smiley Ln
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