For Sale $596,000 (7.25% CAP Rate) - LoopNet · For Sale $596,000 (7.25% CAP Rate) NNN Leased 1835 N. Glenstone till 2.28.2020 | Springfield,MO Offering Highlights 9,900' SF Industrial

$596,000 (7.25% CAP Rate)For Sale

NNN Leased 1835 N. Glenstone till 2.28.2020 | Springfield,MO

|

Offering Highlights

9,900' SF Industrial Building on Glenstone & Florida St

For Sale at $596,000 ($60 / SF) ($43,200 / year NOI)

5 drive-in-doors (2) x 14', (1) x 12', and (2) x 10'

3 Phase Electrical and fenced yard with pole bard

434 feet of Glenstone Frontage

www.svnrankinco.com

Mike Fusek, CCIMSenior [email protected]

All Sperry Van Ness® Offices Independently Owned & Operated.

The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

www.svnrankinco.com2

Sale Price: $596,000

CAP Rate: 7.25%

Price Per SF: $60 / SF

Building Size: 9,900 SF

Lot Size: 0.95 Acres

Show Room: Yes

Drive-In-Doors: 5 - (2x10', 1x12', 2x14')

3 Phase Electric: Yes

Ceiling Height: up to 16.0 FT

Parking Spaces: 20 +/- spaces

Zoning: GM

Market: Springfield

Cross Streets: E Florida & N Glenstone

Annual Taxes: $10,203.49 (2015)

NNN Leased 1835 N Glenstone till 2.28.2020

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Property Overview

Investment Overview

1835 N Glenstone • Springfield, MO 65803

Property NNN Leased 1835 N Glenstone till 2.28.20209,900 SF Retail / Warehouse on Glenstone & Florida.$43,200 / year NNN (tenant also pays Taxes & Insurance monthly)Tenant is EastCoast-Granite.com.95 acres w/ 434' of Glenstone frontage and fenced yard w/ pole barn.Office, showroom, work room, warehouse, and break room.5 drive-in-doors - (2x10', 1x12', 2x14').3 Phase Electric.Up to 16' ceiling height.20 +/- parking spaces.For Sale at $595,000 (7.25% CAP Rate).

Mike Fusek, CCIM serves as Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Top 4% National Advisor in SVN International– 2016, 2015, 2014, 2013, 2012, 2011, 2010 and 2009.Owner/Agent

Location Located on North Glenstone between Atlantic and Florida St. Neighbors include Pizza Hut, Purcell Tire, U-Haul, Big O Tires and many other retailers.

[email protected]

MIKE FUSEK, CCIM417.849.5703

For Sale | Free Standing Bldg.

Industrial Property For Sale

NNN Leased 1835 N. Glenstone Floor Plan

For Sale $596,000








NNN Leased 1835 N. Glenstone New Doors





NNN Leased 1835 N Glenstone Exterior Photos





NNN Leased 1835 N Glenstone Interior Photos

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NNN Leased 1835 N Glenstone Close Aerial




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NNN Leased 1835 N Glenstone Close Aerial Map




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NNN Leased 1835 N Glenstone Beacon Map




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NNN Leased 1835 N Glenstone Zoning Map




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NNN Leased 1835 N Glenstone Neighborhood Businesses




Total Population

Total Number of Households

Total Number of Persons per Household

Average House Value

Average Household Income

Median Age

Median Age - Male

Median Age - Female

Total Population - White

Total Percent - White

Total Population - Black

Total Percent - Black

Total Population - Asian

Total Percent - Asian

Total Population - Hawaiian

Total Percent - Hawaiian

Total Population - Indian

Total Percent - Indian

Total Population - Other

Total Percent - Other

Total Population - Hispanic

Total Percent - Hispanic

6 238 5250.1% 0.4% 0.4%

302 1,448 1,8844.4% 2.4% 1.4%

1835 N Glenstone | Springfield, MO 65803 For Sale | $596,000

* Demographic information provided by BuildOut, Inc.

2,466 23,389 57,370

2.8 2.6 2.4

$82,904 $116,580 $122,520

$31,800 $38,572 $42,834

27.8 29.8 33.328.6 30.2 32.4

27.9 29.8 34.5

64 1,161 2,4460.9% 1.9% 1.8%

243 2,495 5,7573.6% 4.2% 4.3%

0 109 1540.0% 0.2% 0.1%

5,912 52,482 120,51286.6% 87.6% 89.1%

6,827 59,921 135,225

487 2,913 4,7277.1% 4.9% 3.5%

1 Mile 3 Miles 5 Miles


NNN Leased 1835 N Glenstone Demographics Report





NNN Leased 1835 N Glenstone Demographics Map




* Demographic information provided by BuildOut, LLC

1835 N Glenstone | Springfield, MO 65803 Radius Map

1 Mile 3 Miles 5 Miles

Total Population 6,827 59,921 135,225

Total Number of Households 2,466 23,389 57,370

Average Household Income $31,800 $38,572 $42,834

Median Age 27.8 29.8 33.3

Core Covenants

To create and nurture a positive working environment and perform as a

team member with accountability, responsibility and authority, every Sperry

Van Ness® Affiliate Advisor agrees to lead and live by the following Core

Covenants in everything they do with Sperry Van Ness:

I QUICKLY RESOLVE CONFLICTS POSITIVELY AND EFFECTIVELY.

1

8

5

9

7

10

2

6

3

4

I SHOW RESPECT AND SUPPORT TO ALL.

I EPITOMIZE THE FIRST-CLASS REPUTATION AND IMAGE OF

SPERRY VAN NESS.

I PLACE MY CLIENT’S INTEREST ABOVE MY OWN AND

PROACTIVELY COOPERATE WITH ALL BROKERS AND AGENTS.

I AM INDIVIDUALLY RESPONSIBLE FOR ACHIEVING MY

OWN POTENTIAL.

I VALUE THE IMPORTANCE OF PHYSICAL AND MENTAL

HEALTH, AND INVOLVEMENT WITHIN MY COMMUNITY IN

THE SUPPORT OF A BALANCED AND SUCCESSFUL CAREER.

I HONOR MY COMMITMENTS.

I DOMINATE MY MARKET AREA AND PROMOTE MY SPECIALTY

WITHIN THE FIRM.

MY THOUGHTS, ACTIONS AND ENERGIES ARE FOCUSED ON

THE POSITIVE AND THE POSSIBLE.

CREATE AMAZING BENEFITS FOR MY CLIENTS, COLLEAGUES,

AND COMMUNITY.

About Sperry Van Ness

32www.svnrankinco.comAll Sperry Van Ness® Offices Independently Owned & Operated.






NNN Leased 1835 N Glenstone Advisor Bio & Contact 1

Mike Fusek, CCIMSenior AdvisorSVN | Rankin Company, LLC

Mike Fusek, CCIM serves as a senior advisor for SVN Commercialspecializing in the Springfield Missouri metro area. Fusek has 20+years of experience in investment property analysis that enableshim to help investors wisely choose the “right property” that willmaximize return on investment, build wealth and protect theirinitial equity investment.

Prior to joining SVN Commercial, Fusek served as the principle andmanaging partner for the Pathway Properties Group, a commercialproperty investment and management group, where he wasresponsible for property analysis, acquisition and management ofmulti-family, office buildings, and retail shopping centers. Whilebuilding the Pathway Properties Group, Fusek concurrently servedas owner and president of The Saladmaster Healthy CookingCenters focusing on the development, organization, retail anddirect sales of the nutritional cooking centers.

Before entering the commercial real estate field as an advisor,Fusek was investing as a client of SVN Commercial. As anexperienced investor, Fusek has an exceptional understanding ofclient’s needs. Fusek currently owns multi-family, retail, industrial/warehouse, and office properties throughout Missouri. Hisextraordinary understanding of marketing, client services and thecommercial real estate industry led Fusek to pursue his passion asa real estate advisor.

Consistently ranked as a Top 4% National Advisor in SVNInternational – 2016, 2015, 2014, 2013, 2012, 2011, 2010 and2009.Sperry Van Ness has more than 1,000 National Advisors.

Mike Fusek, CCIM

Senior Advisor

Phone: 417.849.5703

Email: [email protected]

Fax: 417.875.9233

Cell: 417.849.5703

Address: 2808 S. Ingram Mill, Suite A100

Springfield, MO 65804





NNN Leased 1835 N Glenstone Confidentiality & Disclaimer

The material contained in this Investment OfferingBrochure is furnished solely for the purpose of consideringthe purchase of the property within and is not to be usedfor any other purpose. This information should not, underany circumstances, be photocopied or disclosed to anythird party without the written consent of Sperry Van Nessor Owner, or used for any purpose whatsoever other thanto evaluate the possible purchase of the Property.

The only party authorized to represent the Property Owner(“Owner”) in connection with the sale of the Property is theSperry Van Ness Advisor listed in this proposal, and noother person is authorized by the Owner to provide anyinformation or to make any representations other thancontained in this Investment Offering Brochure. If theperson receiving these materials does not choose topursue a purchase of the Property, this Offering Brochuremust be returned to Sperry Van Ness.

Neither the Sperry Van Ness Advisor nor the Owner makeany representation or warranty, express or implied, as tothe accuracy or completeness of the information containedherein, and nothing contained herein is or shall be reliedupon as a promise or representation as to the futureperformance of the Property. This Offering Brochure mayinclude certain statements and estimates by Sperry VanNess with respect to the projected future performance ofthe Property. These Assumptions may or may not be provento be correct, and there can be no assurance that suchestimates will be achieved. Further, the Sperry Van NessAdvisor and the Owner disclaim any and all liability forrepresentations or warranties, expressed or implied,contained in or omitted from this Investment OfferingBrochure, or any other written or oral communicationtransmitted or made available to the recipient. Therecipient shall be entitled to rely solely on thoserepresentations

and warranties that may be made to it in any final, fullyexecuted and delivered Real Estate Purchase Agreementbetween it and Owner.

The information contained herein is subject to changewithout notice and the recipient of these materials shallnot look to Owner or the Sperry Van Ness Advisor, nor anyof their officers, employees, representatives, independentcontractors or affiliates, for the accuracy or completenessthereof. Recipients of this Investment Offering Brochure areadvised and encouraged to conduct their owncomprehensive review and analysis of the Property.

This Investment Offering Brochure is a solicitation ofinterest only and is not an offer to sell the Property. TheOwner expressly reserves the right, at its sole discretion, toreject any or all expressions of interest to purchase theProperty and expressly reserves the right, at its solediscretion, to terminate negotiations with any entity, forany reason, at any time with or without notice. The Ownershall have no legal commitment or obligation to any entityreviewing the Investment Offering Brochure or making anoffer to purchase the Property unless and until the Ownerexecutes and delivers a signed Real Estate PurchaseAgreement on terms acceptable to Owner, in Owner’s solediscretion. By submitting an offer, a prospective purchaserwill be deemed to have acknowledged the foregoing andagreed to release the Owner and the Sperry Van NessAdvisor from any liability with respect thereto.

To the extent Owner or any agent of Owner correspondswith any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statementsas binding Owner. Only a fully executed Real EstatePurchase Agreement shall bind the property and eachprospective purchaser proceeds at its own risk.

Disclaimer | Confidentiality

Documents

For Sale $596,000 (7.25% CAP Rate) - LoopNet · For Sale $596,000 (7.25% CAP Rate) NNN Leased 1835 N. Glenstone till 2.28.2020 | Springfield,MO Offering Highlights 9,900' SF Industrial