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TRUE DENTAL GROUP 1638 W US Highway 24

3,750 SF 100% Leased Office Building Independence, MO 64050 $1,293,103 ($345/SF) 7.25% Cap Rate

Medical Offices Missouri Independence 1638 W US Highway 24, Independence, MO 64050

Investment Highlights

  • TRUE DENTAL GROUP | 15 YEAR+ SUCCESSFUL OPERATING HISTORY MULTI-DOCTOR LED PRACTICE | 10 YR NNN 7.25% CAP
  • SINGLE-TENANT HEALTHCARE INVESTMENT | NEW 10-YEAR NNN LEASE | 3.00% ANNUAL INCREASES
  • TOP 30 MSA | KANSAS CITY, MO | 135,000+ RESIDENTS IN 5-MILE RADIUS – The Kansas City area is home to over 2.34M people
  • 2017 COMPLETE RENOVATION | NEW ROOF | RECENT CAPITAL IMPROVEMENT
  • NNN LEASE WITH MINIMAL LANDLORD RESPONSIBILITIES | IDEAL 1031 EXCHANGE PROPERTY
  • SPECIALIZED USE HEALTHCARE TENANCY | RESISTANT ASSET CLASS

Executive Summary

Broker of Record
Kyle Matthews
License No. 2022018843 (MO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Attachments

True Dental Group - Independence, MO - OM

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,750 SF
Building Class
A
Year Built/Renovated
1988/2017
Price
$1,293,103
Price Per SF
$345
Cap Rate
7.25%
NOI
$93,750
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,750 SF
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

1 of 1
(818) 923-6366

  • Listing ID: 33331881

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 1638 W US Highway 24, Independence, MO 64050

The Office Property at 1638 W US Highway 24, Independence, MO 64050 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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TRUE DENTAL GROUP | 1638 W US Highway 24
(818) 923-6366 x

TRUE DENTAL GROUP | 1638 W US Highway 24

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Antonio Diona

(818) 923-6366

(818) 923-6366

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(949) 432-4513

(949) 432-4513

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