16203 Mo-45Parkville, MO 64152

Property Details for 16203 Mo-45

Year built

2024

Lot size

1.71 AC

Property size (Sq ft)

21,650 SF

Property type

Warehouses

Property subtype

Retail properties

Description

This exceptional investment opportunity presents a newly constructed, multi-tenant garage complex in Parkville, Missouri. Located at 16203 MO-45, 64152, this property boasts 21,650 square feet across three single-story buildings situated on a 1.71-acre lot. Built in 2024, the property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $287,362.50, resulting in an attractive 7.50% capitalization rate. The property is classified as industrial, retail, and self-storage, with a flex/warehouse subtype, and is offered at an asking price of $3,831,500. The lease type is NNN, minimizing landlord responsibilities. The property's strategic location provides easy access to I-435 and Highway 45, catering to the high demand for multi-tenant garage spaces. Further potential exists for value enhancement through the addition of restrooms and HVAC systems to individual units. This is a turnkey investment with significant upside potential in a thriving market. The property's strong performance and prime location make it an ideal addition to any portfolio. All units are currently leased.

Location Insight

City

Parkville

County

Platte

State

Missouri

Latitude

39.2238

Longitude

-94.7683

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].