USAMOHollisterN/a123-A-B-C-And-125-A-B-123 Industrial Park Drive

123 A, B, C & 125 A-B-123 Industrial Park Drive, Hollister, MO

Name: 123 A, B, C & 125 A-B - 123 Industrial Park Drive, For Sale in Hollister - Zoocasa
Brand: Murney Associates - Primrose
SKU: 60335972
Price: 1779000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,779,000

000

MLS® 60335972

Overview

Key Facts

Type Industrial

Levels Commercial Sale

Size -

Garage

Taxes $16,050

Days Active 9

Lot Size 2.84 Acres

Approx. Age 2006

MLS® Number 60335972

Property Address: 123-a-b-c-and-125-a-b-123 Industrial Park Drive, Hollister, MO, 65672

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained 22, 000 SF multi-tenant industrial investment in two buildings at 123-125 Industrial Park Dr. Building 123 (12, 000 SF) fronts Industrial Park Dr and has three bays. Unit A (3, 000 SF) is leased to Zahner Gym. Unit B (6, 000 SF) is vacant and ready for a new tenant or owner-user. Unit C (3, 000 SF) is leased to Fastenal. Every unit has street frontage and rear access through a 10'x14' overhead door. Building 125 (10, 000 SF) sits directly behind Building 123. One tenant leases both 5, 000 SF suites. Each suite has a 12'x14' overhead door on the front and a 12'x14' overhead door at the rear, which suits vehicles, equipment and large deliveries. Ownership has put about $90, 000 into capital improvements since 2023, which cuts a Buyer's near-term capital needs: Parking lot resealed and restriped; New HVAC in Suites 123B, 123C and Building 125; LED lighting and a new water heater in 123C; Full renovation of 123A in 2024: HVAC, lighting, paint, expanded restroom and demising walls; Another HVAC replacement in 123B in 2026; New water heater in 125B in 2026. 16, 000 SF is leased, including a national tenant, and the 6, 000 SF vacancy offers immediate upside. The property fits an investor looking for in-place income with value-add potential, or an owner-user who wants to occupy space while collecting rent from established tenants. Seller will guarantee rent of vacant 6, 000 sf for 6 months allowing ample time to find a replacement tenant.

MLS® Number60335972

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2006

Basement

DrivewayPaved, Parking Area, Hard Surface, 20+ Spaces

Garage Spaces

HeatForced Air, Varies by Unit, Electric

A/CElectric, Central Air

Extras

Map

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