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Listed by Richey Real Estate Group • Real Broker, LLC-MO
$ 999,000
Est. payment | /mo
1.27 Acres Lot
$ 999,000
Est. payment | /mo
1.27 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2617018
Year Built 2002
Annual Tax Amount $24,020
Lot Size 1.265 Acres
Acres 1.2654729
Property Sub-Type Office
Source hmls
Property Description
Income-producing single-tenant dental and medical office investment in Raytown, Missouri. This well-maintained commercial property offers approximately 3,481 finished square feet, including a 2,070-square-foot main clinical level and a 1,411-square-foot finished walkout lower level. Situated on approximately 1.27 acres, the property provides 18 surface parking spaces, an ADA-accessible entrance, building signage and convenient access to Raytown Road, Blue Parkway and the greater Kansas City metro.
Originally constructed in 2002, the building was extensively renovated and expanded in 2021. Improvements included a modernized facade, updated interior, building addition, resurfaced and restriped parking lot, and HVAC and furnace systems installed in 2021. The functional layout was designed for dental and medical use, offering a professional clinical environment with supporting office and lower-level space.
The property is leased to Apex Missouri Management, LLC through October 9, 2030, with contractual base rent of $60,000 annually. Under the modified net lease, the tenant pays utilities and reimburses real estate taxes, property insurance and operating expenses. The lease includes two additional five-year tenant renewal options, with a 10% base-rent increase at the beginning of each exercised option period.
A strong opportunity for investors seeking a leased dental office, medical office investment or income-producing commercial property in Eastern Jackson County. Sale includes the real estate subject to the existing lease. Tenant's business, equipment, personal property and trade fixtures are excluded.
Originally constructed in 2002, the building was extensively renovated and expanded in 2021. Improvements included a modernized facade, updated interior, building addition, resurfaced and restriped parking lot, and HVAC and furnace systems installed in 2021. The functional layout was designed for dental and medical use, offering a professional clinical environment with supporting office and lower-level space.
The property is leased to Apex Missouri Management, LLC through October 9, 2030, with contractual base rent of $60,000 annually. Under the modified net lease, the tenant pays utilities and reimburses real estate taxes, property insurance and operating expenses. The lease includes two additional five-year tenant renewal options, with a 10% base-rent increase at the beginning of each exercised option period.
A strong opportunity for investors seeking a leased dental office, medical office investment or income-producing commercial property in Eastern Jackson County. Sale includes the real estate subject to the existing lease. Tenant's business, equipment, personal property and trade fixtures are excluded.
Location
State MO
County Jackson
Zoning OFC
Interior
Interior Features Private Restroom, Public Restroom
Fireplace N
Exterior
Exterior Feature Building Sign
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Nearby Locations
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