402 e. Broadway & 22 s. 4th St.                                            brochure

For Sale: $3,500,000

Two prime investment properties in Columbia, MO, downtown, for sale. Lots combined for a total of 33,900 square feet. 

6 cap based on 2016 NOI (net operating income) of $205,000

Tenant #1 - Building 5,500 s.f. with approximately .5 acre including parking and patio.  NNN lease, landlord responsible for roof replacement and structure. Property listed as a  National Historical Landmark.  Current lease expires 2/2018 with one 5 year option, annual rental increase.

Tenant #2 - Ground lease NNN
Current lease expires 5/2024 with one 5 year option, annual rental increase.

For more information please contact: 

Jack Maher III
(573) 489-6860
maher3@jlmproperties.com