300 Walmart Dr Sullivan, MO 63080

Listing agency Brian Wine b***@gmail.com

Listed by Brian Wine · License #CA 01952225

Source Crexi

Added: Apr 11 Updated: Jul 20 at 9:27PM Checked: Jul 21 at 5:49AM

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Investment Insights

Based on property information with market context.

This offering presents the fee simple interest (land and building) in a net-leased dental investment property in Sullivan, Missouri. The property is occupied by Midwest Dental Care Modovi, Inc., under a lease extension that began October 1, 2022.

The lease term is 10 years with two remaining five-year options. Rental increases are structured with a 5% increase beginning in year 6. The lease is net (NN), with landlord responsibilities limited to maintaining the roof, structure, exterior, and HVAC.

Please note this is a specialty medical office/dental use asset being sold with the existing tenant lease in place.

Key Highlights

• Fee simple ownership of a NN‑leased dental facility in Sullivan, MO
• Tenant: Midwest Dental Care Modovi, Inc.; 10‑year lease extension started October 1, 2022
• Lease has 2 (5‑year) options remaining for potential extension

Property Analytics

Location Intelligence

FAQs

What type of property is this?

Medical Office Space - Fee simple opportunity featuring a NN-leased dental facility with landlord responsibilities limited to roof, structure, exterior, and HVAC.

Where is this medical office space located?

The property is located at 300 Walmart Dr Sullivan, MO.

What are key features of this property?

This property features: Fee simple ownership of a NN‑leased dental facility in Sullivan, MO; Tenant: Midwest Dental Care Modovi, Inc.; 10‑year lease extension started October 1, 2022; Lease has 2 (5‑year) options remaining for potential extension