Current Use by Public Records
- Office Spaces
Property Details for 1206 Palisades Blvd
- Year built
- 1988
- Lot size
- 1.50 lot acres
- Property type
- Office Spaces
Description
This exceptional Class A, 16,260 square foot office building in Osage Beach, Missouri, presents a compelling owner-user or investment opportunity. Boasting a 100% occupancy rate with 9 tenants across 16 suites, this single-story, 1988-built property generates a strong net operating income (NOI) of $119,257, yielding a 4.99% cap rate. The asking price is $2,390,000, translating to $146.99 per square foot. Situated on a 1.5-acre lot at 1206 Palisades Blvd (zip code 65065), this prime location offers excellent visibility and accessibility, adjacent to Highway 54 and KK Highway, near popular destinations like Margaritaville and Lake of the Ozarks. Amenities include ample parking, all ground-level units with private entrances, and professional leaseholders. The property benefits from built-in rent bumps and features digital signage with highway visibility at no cost. This well-maintained building provides a diverse mix of tenants, ensuring consistent cash flow and a stable investment. The property includes professional management and is conveniently located near Ace Hardware, Dollar General, numerous restaurants, and Slumberland Furniture. This is a rare opportunity to acquire a high-performing commercial property in a thriving lakeside community.
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
- Osage Beach
- County
- Camden
- State
- Missouri
- Longitude
- -92.6887
- Latitude
- 38.1144
