$840,799
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1850 Us-40 Highway Blue Springs, MO 64015
Office
Residence
Beds
Baths
Sq. Ft.
17.16
Acre
Lot
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PRICE REDUCTION ALERT! Recently Signed 5-Year Lease MONTESSORI CHILDREN'S HOUSE OF BLUE SPRINGS presents a prime investment opportunity at 1850 NE US 40 Hwy, Blue Springs, MO 64015. This well-maintained 11,000 sq ft, two-story building is situated on a sprawling 17-acre conservation land, offering... ample space and versatility. The current tenant, Montessori Children's House, has successfully operated at this location for 12 years and recently signed another 5year lease, highlighting their established reputation within the local community. There is no deferred maintenance on the building, ensuring immediate profitability and minimal upkeep costs. The property is ideally suited for various uses should the next owner decide to change its purpose at the end of the lease term. Ample private parking spaces and landscaped areas enhance its appeal, providing convenience and aesthetic value. With a solid tenant boasting a 100% occupancy rate, a cap rate of 8.25% (9.34% by Yr 5), and seamless accessibility with 24/7 availability in East Jackson County, this property offers a lucrative investment opportunity. Its proximity to a population of over 43,000 within 3 miles and a median household income of $84,968 further enhances its investment appeal. Serious buyers only. Please, no solicitation. To schedule a showing or for more information, reach out to the listing agent. Don’t miss out on this unique chance to acquire a successful income-generating property with significant growth potential in Blue Springs!
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MLS#
2505237
Property Type
Office
Lot Size
17.16
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