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Listed by TJ Jebali • KW KANSAS CITY METRO
$ 840,799
Est. payment /mo
Pending
1850 Us-40 HWY Blue Springs, MO 64015
17.16 Acres Lot
UPDATED:
10/23/2024 07:46 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2505237
Originating Board hmls
Annual Tax Amount $9,934
Lot Size 17.160 Acres
Acres 17.16
Property Sub-Type Office
Property Description
PRICE REDUCTION ALERT! Recently Signed 5-Year Lease
MONTESSORI CHILDREN'S HOUSE OF BLUE SPRINGS presents a prime investment opportunity at 1850 NE US 40 Hwy, Blue Springs, MO 64015.
This well-maintained 11,000 sq ft, two-story building is situated on a sprawling 17-acre conservation land, offering ample space and versatility. The current tenant, Montessori Children's House, has successfully operated at this location for 12 years and recently signed another 5year lease, highlighting their established reputation within the local community.
There is no deferred maintenance on the building, ensuring immediate profitability and minimal upkeep costs. The property is ideally suited for various uses should the next owner decide to change its purpose at the end of the lease term. Ample private parking spaces and landscaped areas enhance its appeal, providing convenience and aesthetic value.
With a solid tenant boasting a 100% occupancy rate, a cap rate of 8.25% (9.34% by Yr 5), and seamless accessibility with 24/7 availability in East Jackson County, this property offers a lucrative investment opportunity. Its proximity to a population of over 43,000 within 3 miles and a median household income of $84,968 further enhances its investment appeal.
Serious buyers only. Please, no solicitation. To schedule a showing or for more information, reach out to the listing agent. Don’t miss out on this unique chance to acquire a successful income-generating property with significant growth potential in Blue Springs!
MONTESSORI CHILDREN'S HOUSE OF BLUE SPRINGS presents a prime investment opportunity at 1850 NE US 40 Hwy, Blue Springs, MO 64015.
This well-maintained 11,000 sq ft, two-story building is situated on a sprawling 17-acre conservation land, offering ample space and versatility. The current tenant, Montessori Children's House, has successfully operated at this location for 12 years and recently signed another 5year lease, highlighting their established reputation within the local community.
There is no deferred maintenance on the building, ensuring immediate profitability and minimal upkeep costs. The property is ideally suited for various uses should the next owner decide to change its purpose at the end of the lease term. Ample private parking spaces and landscaped areas enhance its appeal, providing convenience and aesthetic value.
With a solid tenant boasting a 100% occupancy rate, a cap rate of 8.25% (9.34% by Yr 5), and seamless accessibility with 24/7 availability in East Jackson County, this property offers a lucrative investment opportunity. Its proximity to a population of over 43,000 within 3 miles and a median household income of $84,968 further enhances its investment appeal.
Serious buyers only. Please, no solicitation. To schedule a showing or for more information, reach out to the listing agent. Don’t miss out on this unique chance to acquire a successful income-generating property with significant growth potential in Blue Springs!
Location
State MO
County Jackson
Zoning CP-2
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Telephone On-Site, Water/Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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