303 Keene St Columbia, MO 65201-8050
- Office buildings
- 58,021 SF
- 2.32 lot acres
Current Use by Public Records
- Dr. Walter R. Pfitzinger, DDS / Pediatric Dentist
- Dental Specialty Center LLC / Orthodontist
- Harter Dominique G DDS / Dentist
- Harden Matthew T DDS / Dentist
- Family Medicine-Keene / Medical Clinic / Family Practice Physician
Property Details for 303 Keene St
- Year built
- 2006
- Lot size
- 2.32 lot acres
- Property size
- 58,021 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 17-104-00-01-009.04 01
- APU
- 1710400010090401
Description
This exceptional investment opportunity presents two Class A medical office buildings totaling 81,323 net rentable square feet, located at 303 & 305 N Keene St, Columbia, MO 65201. Constructed in 2006, this portfolio boasts 100% occupancy. The property benefits from a diverse tenant mix, including family medicine, surgery, ophthalmology, audiology, pediatrics, and endocrinology. A significant portion (59%) is leased to the University of Missouri System, a leading healthcare system with a strong credit rating (Moody's Aa1). Leases include CPI rent increases, offering future NOI growth potential. Situated in a rapidly growing market (20.5% population growth in the last five years), Columbia serves as the central hub for healthcare services in Central Missouri, attracting patients from surrounding communities. This portfolio offers a compelling investment opportunity due to its high occupancy, strong tenant base, and location within a thriving healthcare market. The property is offered as a net lease investment.
Value Estimation
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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
- -92.2908
- Latitude
- 38.9548
- CBSA code
- 17860
- CBSA name
- COLUMBIA, MO METROPOLITAN STATISTICAL AREA