Current Use by Public Records
- Office Spaces
Property Details for 525 And
- Year built
- 2011
- Lot size
- 2.59 lot acres
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional Class A medical office building, totaling 27,492 square feet, presents a compelling investment opportunity. Located at 525 N Keene St, Columbia, MO 65201, this single-building property boasts a 91% occupancy rate across three tenants. Constructed in 2011, the building sits on a 2.59-acre lot and is situated on the 1st and 2nd floor. The property's prime location in Boone County, Missouri, benefits from Columbia's robust healthcare sector and significant recent population growth. The building offers a diverse mix of medical specialties among its tenants. The building's strong occupancy and desirable location make it an attractive investment prospect with potential for future NOI growth, driven by CPI rent increases built into existing leases and renewal options. This is a multi-tenant property offering a stable income stream. The building is part of a larger portfolio, but this listing specifically includes suites 101, 102, 103, 201, and 202. Note that suites 301 and 302 are under separate ownership and are not included in this offering. This is a rare opportunity to acquire a high-quality medical office building in a thriving market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.2896
- Latitude
- 38.9572
