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1507-1527 E Lark St
Springfield, MO 65804
Asking Price
$3.48M
Cap Rate
7.25%
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.25% CAP | 20,883 SqFt <p>OFFERING SUMMARY</p><ul><li>SALE PRICE: $3,475,500 </li><li>PRICE PER FOOT: $166.40/SF </li><li>NOI: $251,903.72 </li><li>CAP RATE: 7.25% CAP </li><li>TOTAL BUILDING(S) SIZE: 20,883 SF </li><li>NUMBER OF TENANTS: Four </li><li>ZONING: Highway Commercial (HC) </li><li>YEAR BUILT: 2021 & 1998</li></ul>
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NOI
$80,000
Cap Rate
2.30%
DSCR
0.39
Underwater
Cash-on-Cash
-12.12%
Monthly Payment
$17,194.878
Annual Cash Flow
$-126,338.532
