197 Mccleary Rd Excelsior Springs, MO 64024-8490
This exceptional 10,000-square-foot medical office building, located at 197 S. McCleary Road in Excelsior Springs, Missouri, presents a unique investment opportunity. Priced at $2,000,000 ($200 per square foot), this turnkey facility is situated on a generous 1.92-acre lot and offers a flexible floor plan ideal for a variety of medical practices. The building boasts convenient access to US-69 Highway, ensuring excellent visibility and accessibility for patients and staff. Further enhancing its functionality is a backup generator, providing peace of mind during power outages. The property also includes an adjacent 0.93-acre parcel, offering potential for future expansion or development. The building is currently available for purchase, or lease at a rate of $14.00 per square foot, triple net (NNN), with availability anticipated in the first quarter of 2025. This prime location in Clay County, zip code 64024, offers a thriving market for medical services. The property's features and strategic location make it an attractive investment for both owner-occupiers and investors seeking a stable, high-demand asset. Don't miss this opportunity to acquire a well-established medical office building in a desirable Missouri community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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