Office Building Renovation
2400 Frederick Ave, Saint Joseph, MO
For Lease
Contact for pricing
Office building for rent with renovation and value-add potential.
Space Size49,000 SF
Lot Size0.62 Acres
Days on Market674
Property Features for 2400 Frederick Ave
General Information
Standard status
Size
Lot size
Property subtype
Spaces For Lease
at 2400 Frederick Ave
Frederick Towers
AVAILABLE, Now
Floor
Bldg
Size
49,000 SF
Type
OFFICE
Rate
Contact for pricing
Sublease
No
- Potential NOI of $200k-$300k not including
Property was sold for 550k in 2019
- Market lease rate $11-$18
- Potential value after renovation $900k- 1.3M (15-19% Cap Rate)
Contact us
Listing Agency:
Carthage Realty Group LLC (CRG)
(913) 562-7187
Listed By:
Ismayil Mammadov
(816) 929-1332
Source:
Moodyscre
Added: Jan 6, 2025
Changed: Oct 25
Last Checked: Nov 10 at 10:30AM
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 Carthage Realty Group LLC (CRG)
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Investment Insights
Based on property information with market context.
This office building offers a potential net operating income between $200,000 and $300,000. The property, which was sold for $550,000 in 2019, presents a market lease rate ranging from $11 to $18. Post-renovation, the potential value is estimated between $900,000 and $1,300,000, reflecting a 15-19% capitalization rate. The building encompasses a total area of 49,000 square feet and is located on Frederick Ave in Saint Joseph, MO.
Key Highlights
- Potential value after renovation $900k - $1.3M (15‑19% Cap Rate)
- Potential NOI of $200k-$300k
- Market lease rate $11-$18
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
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Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Office building for rent with renovation and value-add potential.
Where is this office building located?
The property is located at 2400 Frederick Ave Saint Joseph, MO.
What are key features of this property?
This property features: Potential value after renovation $900k - $1.3M (15‑19% Cap Rate); Potential NOI of $200k-$300k; Market lease rate $11-$18
