120 Ichord Avenue, Waynesville, MO 65583
Fully occupied multi-tenant building with medical, childcare, professional, and public-sector tenants plus scheduled rent escalations.
- Added:
- Jun 10, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 9:02 am
Property Features for 120 Ichord Avenue
General Information
- Standard status
- Active
- Size
- 7,930 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1986
Listing agent Nirav Patel License #2025049741
Listing office Murney Associates
Listing date Jun 10, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Murney Associates
HighLights
- Multi‑tenant commercial building built in 1986 and fully occupied
- Tenants generate approx. $110,400 in gross scheduled annual income (about 11% gross cap, per owner‑provided info)
- Diversified tenant mix includes Lake Med Spa, True North Therapy, Sprout n Grow, Cross Creek Realty, and the Pulaski County Board for the Handicapped
- Several tenants have contractual 10% rent escalations already scheduled
- Two upcoming move‑outs create value‑add potential via re‑leasing at current market rents
- Two tenants currently on month‑to‑month can be placed on formal leases to strengthen the lease term
Overview
The property is located in Waynesville, Missouri, which is identified as the Pulaski County seat and is immediately adjacent to Fort Leonard Wood, one of the U.S. Army’s largest installations. This setting supports recurring demand for the types of in-person, service-based businesses represented in the current rent roll.
For tenants, buyers, and operators, the building’s composition offers diversification across multiple service categories rather than relying on a single use. For investors, two upcoming move-outs create an opportunity for a new owner to re-lease available space and potentially lengthen the weighted lease term. In addition, two tenants currently operating on a month-to-month basis can be placed on formal leases to strengthen long-term stability. Buyer and its representatives should independently verify all income, expenses, lease terms, and square footage.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waynesville
- County
- Pulaski
- State
- Missouri
- Longitude
- -92.223525
- Latitude
- 37.81113