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Alorica | 8yrs Remain Corp NNN w/ Incrs 4315 Pickett Rd

107,236 SF Industrial Building Saint Joseph, MO 64503 $6,924,000 ($65/SF) 8.75% Cap Rate

Investment Highlights

  • 8 Years Remaining | Scheduled Rental Increases | Established Brand
  • Directly Off of Interstate 29 | Dense Retail/Industrial Corridor | Nearby Schools
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Alorica Industrial Building investment property located in St. Joseph, Missouri. The tenant, Alorica, has 8 years remaining in their current lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features scheduled rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to roof and structure making it an ideal, low-management investment opportunity for a passive investor. Alorica drives CX innovation for hundreds of the most reputable and progressive clients on the planet across diverse industries through our award-winning operations in 17 countries.

Property Facts

Price $6,924,000
Price Per SF $65
Sale Type Investment or Owner User
Cap Rate 8.75%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
Building Class B
Lot Size 15.00 AC
Rentable Building Area 107,236 SF
No. Stories 1
Year Built 2003
Tenancy Single
Parking Ratio 5.69/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2

Amenities

  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Alorica
  • Professional, Scientific, and Technical Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Alorica Professional, Scientific, and Technical Services 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-6.0-23-001-000-006.000
Land Assessment
$39,600
Improvements Assessment
$1,376,030
Total Assessment
$1,415,630

zoning

Zoning Code M-1 (Light Manufacturing District)
M-1 (Light Manufacturing District)
  • Listing ID: 33869331

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 4315 Pickett Rd, Saint Joseph, MO 64503

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