816-665-1011
4655 E Liberty St, Mexico, MO for Sale
Warehouse - FOR SALE
1/4
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4655 E Liberty St
Mexico, MO 65265


HIGHLIGHTS

  • Durable income stream with mission critical tenancy
  • Compelling basis with building and site optionality
  • Attractive assumable financing offering above market returns
  • Strategic distribution/logistics location
  • Established central U.S. industrial corridor

OVERVIEW

Call for Offers - November 21st Newmark Zimmer Midwest Capital Markets is pleased to present the opportunity to acquire 4655 E Liberty Street, Mexico, Missouri (the “Property”), a Home Depot anchored industrial asset with 8.5 years of WALT including a new tenant investing $60M into the building for food grade production. The Property is 100% leased to two tenants, Home Depot and Western Smokehouse Partners, on a passive triple net lease structure. The opportunity offers attractive low risk double digit cash on cash returns immediately with existing assumable 2.98% CMBS financing in place. This facility serves as the distribution center for Home Decorators Collection for Home Depot throughout the Central Region, and is the only non-coastal distribution center for Home Decorators Collection. Home Depot has been a strong community partner with a 25+ year history in the Mexico market. Western Smokehouse Partners is co-investing $60M into the state-of-the-art facility with Chomps, one of the fastest-growing snack and food brands in the US. The facility is expected to create approximately 250 full-time jobs initially, with potential for future expansion. The Western Smokehouse Partners portion of the building is also tax abated through 2037. The Central Missouri Industrial Market is a desirable location for various industrial uses because of the low cost of operations and reliable and dense workforce. This established market is healthy with a low vacancy rate of just 3.0%. The subject leases offer a compelling rental rate discount of nearly $2.50/SF relative to St. Louis and Kansas City, and other peer Central Missouri markets.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4655 E Liberty St

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

32 Ft

DOCKS

59

DRIVE INS

1

PARKING SPACES

384

LAND DETAILS

LAND ACRES

110.65

LAND SF

4,819,914

ZONING

I-1

APN/PARCEL ID

18-9-29-0-000-003.01

ASK ABOUT THIS PROPERTY

Mark Long, CRE, SIOR, CCIMNewmark ZimmerMore Info
816-665-1011

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Mark Long, CRE, SIOR, CCIMNewmark ZimmerMore Info
816-665-1011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.