Investment Overview

Marcus & Millichap is pleased to present the Troy Professional Medical Office Building in the consistently growing community of Troy, Missouri. The building is two-stories, approximately 27,712 square-feet, with a lobby and elevator located on 2.19 acres of land. Troy, Missouri has seen consistent population growth over the last 10+ years, and is located in the fast-growing Lincoln County. There are currently four tenants, and the building is at 100 percent occupancy Compass Health occupies the entire first floor of the building, 12,174 square-feet. Compass Health has 64 locations throughout Missouri, they are a physical, mental, and emotional health network that provides comprehensive health care for those who need it. Compass Health has been a tenant in this building since 2019, on a gross lease with a 3% annual rent increase, and two three-year options (about three years remaining on their original lease). The second floor consists of about 12,820 SF, with three suites. Cuivre Creek Pediatric Dentistry (3,156 square-feet), they are a local dentistry practice on a triple-net (NNN) lease with about nine years remaining on the lease and 2% annual rent rumps. Southern Orthodontics occupies 3,448 square-feet of the second floor, under a triple-net (NNN) lease with three, five-year options and 3% annual rent bumps (about five years remaining on the lease). Southern Orthodontics is a Nashville-based practice management group that acquired three St. Louis area orthodontic practices in October 2021. Southern Orthodontics Partners currently has 57 partners/practices throughout 10 different states! VA Mennemeyer/RMJ Associates is an affiliate of the ownership group. There are two separate month-to-month master leases with the affiliates of the ownership group, both 3,087 square-feet(6,174 square-feet overall), at $12.50 per square-foot. They have agreed to sign up to a three year master lease. Don't miss your opportunity to own this beautiful, fully leased Medical Office Building in Troy, Missouri!