1850 Us-40 Highway, Blue Springs, MO 64015

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$840,799
 est. $3,985/mo

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!

Directions
Head east on I-70 E from Kansas City. Continue on I-70 E for about 15 miles. Take exit 21 for Missouri 7 toward Blue Springs/South. Turn left onto Missouri 7 N/S 7 Hwy. Continue north on Missouri 7 N for about 1 mile. Turn right onto NE US-40 Hwy. Continue on NE US-40 Hwy for about 1 mile; 1850 NE US 40 Hwy will be on your right.
City
Blue Springs
County
Jackson
Property Type
Commercial Sale / Office
Listing Updated
Oct 15, 2024 at 3:10pm
MLS Number
2505237
Property Tax
$9,934
Zoning
$CP-2
Disclaimer
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The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
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