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    3715 Beck Rd Saint Joseph, MO 64506

    For Sale
    $1,850,000

    St. Joseph, MO: Net-leased office building

    Property size:
    7,912 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Exceptional investment opportunity: This 7,912 square foot Class A office building, located at 3715 Beck Road in St. Joseph, Missouri, presents a compelling net-leased investment opportunity. Built in 1985 and fully renovated in 2023, the property boasts a 15-year lease with the Social Security Administration (a tenant of the General Services Administration), commencing September 25, 2023, and expiring September 30, 2038. The lease includes rent bumps, ensuring consistent income growth. The building features 7,227 square feet of net rentable space, currently operating at 100% occupancy. With a strong NOI of $101,380 and a 5.48% cap rate, this property offers a secure and attractive return on investment. Situated on a 0.2-acre lot in the Woodlawn Village Office Condominiums, the property provides ample parking (43 spaces) and is conveniently located near major roadways, including the Belt Highway (with 21,850 AADT traffic counts), and numerous amenities such as Price Chopper, banks, restaurants, and other retail establishments. The property is zoned C-3 and consists of a single, one-story building. This is a rare opportunity to acquire a stable, long-term investment with a high-quality tenant in a desirable location.

    Property Features for 3715 Beck Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,912 SF
    Class
    A
    Lot Size
    8,712 SF

    Building Details

    Year Built/Renovated
    1985/2023
    Buildings
    1
    Stories
    1

    HighLights

    • 7,912 SF Class A office building in St. Joseph, MO.
    • 15‑year net lease to the Social Security Administration (GSA) starting September 25, 2023.
    • 7,227 SF of net rentable space, 100% occupied.
    • Strong NOI of $101,380 and a 5.48% cap rate.
    • Located on a 0.2‑acre lot with 43 parking spaces near major roadways and amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barbara J. Despain, ... Doctor Jere L. Loyd, ... Attorney Thomas R Summers Attorney Hershewe & Co PC Tax Preparation Service Federico Leopoldo Rivas-Gotz Internist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.802035668175
    Latitude
    39.787908959001

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    FAQs

    What type of property is this?
    Office Property / Space - St. Joseph, MO: Net-leased office building
    Where is this office property / space located?
    The property is located at 3715 Beck Rd Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: 7,912 SF Class A office building in St. Joseph, MO.; 15-year net lease to the Social Security Administration (GSA) starting September 25, 2023.; 7,227 SF of net rentable space, 100% occupied.
    (816) 390-7478
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3715 Beck Rd Saint Joseph, MO 64506
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