1600 Coronado Dr Blue Springs, MO 64014-6236

This exceptional Class A office building presents a compelling investment opportunity in Blue Springs, Missouri. The property, located at 1600 NE Coronado Dr, boasts 41,400 square feet of space across three stories, situated on a generous 3.95-acre lot. Built in 1998 and renovated in 2005, the building offers a mix of creative, executive, and traditional office spaces, currently 100% occupied by a single national tenant under a double net (NN) lease expiring July 1, 2027. The lease provides a stable income stream with a strong 6.60% capitalization rate. The asking price is $7,250,000, translating to $175.12 per square foot based on the 37,000 square feet of net rentable area. Ample parking is available with 120 spaces. This well-maintained property offers a secure investment with excellent long-term potential, strategically located near I-70, Adams Dairy, and Highway 7, providing convenient access to major transportation routes and amenities. The property's strong tenant occupancy and favorable lease terms make it an attractive addition to any investment portfolio. The building's versatile layout and prime location in Jackson County, MO, 64014, ensure continued high demand.