Votre courriel a été envoyé.
Unique 52% Paydown Readvance Opportunity 3045 W Republic Rd 13 255 pi² Commerce de détail Immeuble Springfield, MO 65807 5 164 904 $ CAD (389,66 $ CAD/pi²) 6% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- 52% Loan to Value Self Liquidating Debt
- Assumable Loan Has a 4.7% Interest Rate
- Over 11,000 Population in 1 Mile and 127,000 in 3 Miles
- Loan has Pay Down Readvance Feature
- Very Low Rent of 16.75 Per Square Foot
- • Loan Self-Liquidates Over the Next 11 Years
RÉSUMÉ DE L'ANNONCE
The property is ideal for a 1031 exchange. The Zero Cash Flow structure allows a 1031 Exchange buyer the ability to acquire the asset for virtually all cash ($3,700,000) and have the debt re-advanced to $1,929,000 immediately post-closing. The mortgage proceeds from the re-advanced loan are not subject to capital gains or income tax, however, HMX Realty Advisors is not qualified to give legal or tax advice.
The property is a 13,225-sf building on 2.34 acres of land, and is leased for 13+ years to CVS, an investment grade company on an absolute bond triple-net lease with no landlord responsibilities whatsoever. The existing debt self-liquidates over the next 11 years and has an interest rate of 4.7% with a 3-year rent holiday starting Februart 1st, 2036.
AREA SUMMARY: The property is located at the signalized intersection of W. Republic Road and S. Farm Road in Springfield, MO, just south of the exit and on ramp to US Route 60, one of the connecting loop roads around Springfield. Also known as the “Queen of the Ozarks”, Springfield is the third largest city in the state of Missouri and home to three universities. The economy is based on health care, manufacturing, retail, education, and tourism, and serves as the headquarters for several firms including Bass Pro Shops and O’Reilly Auto Parts.
Area retailers include CVS, Walmart Neighborhood Market, Walgreens, Sonic, Dollar Tree, Planet Fitness, local eateries, gas/convenience store, banks and farmer’s market.
The property is supported by strong local demographics, with over 60,000 people located within a 3-mile radius with an average household income exceeding $86,000. The population is projected to continue to increase.
FAITS SUR LA PROPRIÉTÉ
PRINCIPAUX LOCATAIRES
- LOCATAIRE
- SECTEUR
- pi² OCCUPÉ
- LOYER/pi²
- TYPE DE BAIL
- FIN DU BAIL
-
- Détaillant
- 13 225 pi²
- 23,37 $ CAD
- Loyer hypernet
- Févr. 2039
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| LOCATAIRE | SECTEUR | pi² OCCUPÉ | LOYER/pi² | TYPE DE BAIL | FIN DU BAIL | |
|
|
Détaillant | 13 225 pi² | 23,37 $ CAD | Loyer hypernet | Févr. 2039 |
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 18-09-406-203 | Évaluation des bâtiments | 745 818 $ CAD |
| Évaluation du terrain | 250 062 $ CAD | Évaluation totale | 995 880 $ CAD |
Impôts fonciers
Présenté par
Unique 52% Paydown Readvance Opportunity | 3045 W Republic Rd
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.