Joplin Industrial Investment
- Sale Price$1,300,000
- Building Size12,720 SF
- Investment TypeSale/Leaseback
- Included3 Buildings & 1 Land Parcel
- Years Built1995, 1996, 2013
- Acres1.03
- Property TypeIndustrial, Investment
Highlights
- 100% occupied by well-established business
- Includes three buildings over four parcels
- Southwest corner of Missouri near Oklahoma and Kansas
Included Buildings
- 317 E 12th Street: 8,000 SF
- 1149 S Pennsylvania Ave: 2,920 SF
- Undefined Address: 1,800 SF
Included Parcel
- 1036 Kentucky Ave: 0.964 acres
Overview
317 East 12th Street in Joplin, Missouri is a sale/leaseback, single-tenant, Absolute Net investment opportunity. The current tenant, Controls & Electric Motor Co (CEMCO, Inc), has a fresh 10-year lease in place with annual rent increases. The new lease began October 1, 2024.
This listing includes three buildings spanning four parcels between East 12th Street, Kentucky Ave, East 11th Street, and South Pennsylvania Ave. The square footage of all three buildings totals 12,720 SF and the empty parcel is 0.964 acres. The main building and a smaller building sit on the corner of East 12th Street and Kentucky Avenue with access from both streets. The third building has frontage and a small parking lot along South Pennsylvania Ave with additional access from East 12th Street and Kentucky Avenue.
There are no landlord responsibilities. The roof and structure are the tenant’s responsibility. A clean Phase 1 is also available.
Financial analysis is available with a signed Confidentiality Agreement. Download the file below and email it to brokers.
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