Newmark Zimmer Midwest Capital Markets (NZ), as exclusive advisor, is pleased to present the opportunity to acquire the fully occupied Englewood Medical Center (the “Property”), a ±25,607-square-foot multi-tenant medical office building located at 101 NW Englewood Road, Gladstone, Missouri 64141.
The Property is currently 100% leased to five tenants with a weighted average lease term of 7.3 years and attractive NOI growth through contractual rent increases. Constructed in 1999, the Property is situated on a 4.23 acre parcel with ample surface parking for tenants and visitors. Englewood Medical Center is centrally located within the rapidly growing Northland submarket offering exceptional regional access with proximity to I-35 and I-635, Missouri Highways 69 and 169.