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Office Medical

Parkside Village Medical Office Building

5780 Osage Beach Pkwy, Osage Beach, MO 65065

Listing Price: $5,200,000

Cap Rate
7.44%
Gross SF
28,400
Rentable SF
26,332
Price/Gross SF
$183.10
Occupancy
100.0%
Year Built
2008
Lot Size
1.60 acres

Investment Overview

Marcus & Millichap is pleased to present Parkside Village Medical Of?ce Building, a 100 percent occupied multi-unit professional of?ce building in Osage Beach, Missouri (often referred to as the Lake of the Ozarks, Missouri). Located at the corner of Osage Beach Parkway and Nichols Road, this of?ce property is in?uenced by its close proximity (across the street) to the campus of Lake Regional Health System (116 beds, $641,981,110 total patient revenue, nine buildings, 70+ acres).

Built in 2008 (the most recent renovation done in 2021), this is a two story steel frame structure, with a large covered entryway, a lobby, and two elevators. The construction quality (steel frame, concrete ?oors, lower level parking, etc.) and the interior ?nish makes the building above average relative to competing properties in the Lake of the Ozarks.

There are 10 total suites, 100 percent occupied, all on triple-net leases with the majority having 3 percent annual rent increases as well. The majority of the tenants have five+ years remaining on their leases. The lower level includes approximately 6,400 square-feet of of?ce space, the lobby, and 38 concrete parking stalls. The upper level has approximately 22,000 square-feet of of?ce space. The gross building area is 28,400 square-feet.

Do not miss your opportunity to own this one of a kind Medical Of?ce Building, located in the highly visited (10 million visitors last year) and consistently growing city -Lake of the Ozarks, Missouri.

Investment Highlights

  • 100 Percent Occupied - Triple-Net Lease Medical Tenants with Three Percent Annual Rent Increases
  • Located off US-54 Expy/Osage Beach Pkwy (combined 40,000+ Vehicles per Day), the Major Thoroughfare that Runs from the Lake of the Ozarks to Camdenton, Missouri
  • Located Across the Street from Lake Regional Hospital, the Largest Hospital in Osage Beach, Missouri (116 Beds, $641,981,110 Total Patient Revenue, Nine Buildings, 70+ Acres)
  • Located in the Heart of the Lake of the Ozarks, Where There Has Been Consistent Population Growth, and Over 10 Million Visitors Last Year (2021)
  • The Site is 69,750 Square-Feet, or Approximately 1.6 Acres in Size. The Gross Building Area is 28,400 Square-Feet
  • The Site Is Zoned for Commercial Uses (Office, Retail, Etc.) and There Are No Deed Restrictions Known to be Onerous to Value That Are Associated with the Property. The Physical Characteristics of the Building (Designed and Constructed as an Office Building) Makes the Building Well Suited for Office Use
  • Unique and Appealing Design of This Office Building, with Two Stories, a Lobby, Large Covered Entryway, Two Elevators, and Built-In Lower Level Parking - 38 Stalls Located on Main Foor of Building - Additional Surface (Asphalt) Parking Lot for 69 Vehicles

Exclusively Listed By

Financing By

Office Medical

Parkside Village Medical Office Building

Listing Price: $5,200,000

Cap Rate
7.44%
Gross SF
28,400
Rentable SF
26,332
Price/Gross SF
$183.10
Occupancy
100.0%
Year Built
2008
Lot Size
1.60 acres

Investment Highlights

  • 100 Percent Occupied - Triple-Net Lease Medical Tenants with Three Percent Annual Rent Increases
  • Located off US-54 Expy/Osage Beach Pkwy (combined 40,000+ Vehicles per Day), the Major Thoroughfare that Runs from the Lake of the Ozarks to Camdenton, Missouri
  • Located Across the Street from Lake Regional Hospital, the Largest Hospital in Osage Beach, Missouri (116 Beds, $641,981,110 Total Patient Revenue, Nine Buildings, 70+ Acres)
  • Located in the Heart of the Lake of the Ozarks, Where There Has Been Consistent Population Growth, and Over 10 Million Visitors Last Year (2021)
  • The Site is 69,750 Square-Feet, or Approximately 1.6 Acres in Size. The Gross Building Area is 28,400 Square-Feet
  • The Site Is Zoned for Commercial Uses (Office, Retail, Etc.) and There Are No Deed Restrictions Known to be Onerous to Value That Are Associated with the Property. The Physical Characteristics of the Building (Designed and Constructed as an Office Building) Makes the Building Well Suited for Office Use
  • Unique and Appealing Design of This Office Building, with Two Stories, a Lobby, Large Covered Entryway, Two Elevators, and Built-In Lower Level Parking - 38 Stalls Located on Main Foor of Building - Additional Surface (Asphalt) Parking Lot for 69 Vehicles

Investment Overview

Marcus & Millichap is pleased to present Parkside Village Medical Of?ce Building, a 100 percent occupied multi-unit professional of?ce building in Osage Beach, Missouri (often referred to as the Lake of the Ozarks, Missouri). Located at the corner of Osage Beach Parkway and Nichols Road, this of?ce property is in?uenced by its close proximity (across the street) to the campus of Lake Regional Health System (116 beds, $641,981,110 total patient revenue, nine buildings, 70+ acres). Built in 2008 (the most recent renovation done in 2021), this is a two story steel frame structure, with a large covered entryway, a lobby, and two elevators. The construction quality (steel frame, concrete ?oors, lower level parking, etc.) and the interior ?nish makes the building above average relative to competing properties in the Lake of the Ozarks. There are 10 total suites, 100 percent occupied, all on triple-net leases with the majority having 3 percent annual rent increases as well. The majority of the tenants have five+ years remaining on their leases. The lower level includes approximately 6,400 square-feet of of?ce space, the lobby, and 38 concrete parking stalls. The upper level has approximately 22,000 square-feet of of?ce space. The gross building area is 28,400 square-feet. Do not miss your opportunity to own this one of a kind Medical Of?ce Building, located in the highly visited (10 million visitors last year) and consistently growing city -Lake of the Ozarks, Missouri.

Exclusively Listed By

Financing By

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