530 State Rte 291 N/A

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530 State Rte 291 N/A

Independence, MO 64056
Asking Price
$1.29M
Asset Type
Warehouse Industrial
Class
Class B

What's Special

For Sale or Lease | 530 RT-291 S, Independence, MO | $1,295,000 | $7,500/Mo NNN <ul><li>​10.9 acres total - 2.5 acres fenced, asphalt and packed gravel yard</li><li>​3,600 SF warehouse + office with drive-through capability</li><li>​1,000 SF of covered outdoor storage</li><li>​(2) 13' x 13'8" drive-in doors and (1) 12' x 18' drive-in door</li><li>​Gas heaters in warehouse — new HVAC in office</li><li>​3-phase 200-amp power · City gas and electric</li><li>​Septic system — pumped last year</li><li>​In-place income: neighbor pays $1,500/month for shared access and use of drive

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NOI
$80,000
Cap Rate
6.18%
DSCR
1.04
Tight
Cash-on-Cash
0.80%
Monthly Payment
$6,406.953
Annual Cash Flow
$3,116.559

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