3715 Beck Rd Saint Joseph, MO 64506
7,912 SF office building leased to Social Security Administration.
Property Features for 3715 Beck Rd
General Information
- Standard status
- Active
- Size
- 7,912 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing office BHHS Stein & Summers (816) 390-7478
Listing date May 16, 2024
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 BHHS Stein & Summers
Investment Insights
Based on property information with market context.
Key Highlights
- Leased to GSA with Social Security Administration tenant, providing stable income.
- 15‑year lease term commenced in September 2023, ensuring long‑term tenancy.
- 7,912 SF space suitable for the tenant's needs.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $182.3k | $23.04 |
| − Vacancy | −$36.5k | −$4.61 |
| EGI | $145.8k | $18.43 |
| − OpEx | −$36.5k | −$4.61 |
| NOI | $109.4k | $13.82 |
