799 South Prairie Lane, Marshfield, MO 65706 (MLS# 60244820)

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Property Description
Prime Marshfield, MO 6.18 acre +/- property with two buildings located within a popular industrial park and only minutes from Interstate 44 & close to US Highway 65 near Springfield, MO. Building 1 is a 6,000 sq ft footprint with 3,840 sq ft of warehouse space and 2160 sq ft of office space on the main level and an additional 1872 sq ft of office space in the upper level. It has 2 - 12'x12' overhead doors, is free span and has a 20' max ceiling height. Building 2 is a 5,300 sq ft footprint and has 3500 sq ft of warehouse space & an additional 1800 sq ft under roof with a concrete floor. This could easily be finished into enclosed space. It has 2 - 14'x14' overhead doors, is free span and has a 19' max ceiling height. There are a total of 5 offices, 5 restrooms, 2 break rooms, 1 conference room and a nice reception/front desk area as well as an outside loading dock. This property should produce a CAP rate of around 7% for investors at a conservative $5.50 sq ft. This large parcel provides a considerable amount of outside space for parking and/or storage which could be leased to improve the CAP rate even more. The unimproved land could be developed for more lease space, or owner/operator use.

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