123 Industrial Park Drive 123 A, B, C & 125 A-B, Hollister, MO 65672
sale
$1,779,000
|
Other
Courtesy Of Murney Associates, LLC
Well-maintained 22,000 SF multi-tenant industrial investment in two buildings at 123-125 Industrial Park Dr. Building 123 (12,000 SF) fronts Industrial Park Dr and has three bays. Unit A (3,000 SF) is leased to Zahner Gym. Unit B (6,000 SF) is vacant and ready for a new tenant or owner-user. Unit C (3,000 SF) is leased to Fastenal. Every unit has street frontage and rear access through a 10'x14' overhead door. Building 125 (10,000 SF) sits directly behind Building 123. One tenant leases both 5,000 SF suites. Each suite has a 12'x14' overhead door on the front and a 12'x14' overhead door at the rear, which suits vehicles, equipment and large deliveries. Ownership has put about $90,000 into capital improvements since 2023, which cuts a Buyer's near-term capital needs: Parking lot resealed and restriped; New HVAC in Suites 123B, 123C and Building 125; LED lighting and a new water heater in 123C; Full renovation of 123A in 2024: HVAC, lighting, paint, expanded restroom and demising walls; Another HVAC replacement in 123B in 2026; New water heater in 125B in 2026. 16,000 SF is leased, including a national tenant, and the 6,000 SF vacancy offers immediate upside. The property fits an investor looking for in-place income with value-add potential, or an owner-user who wants to occupy space while collecting rent from established tenants. Seller will guarantee rent of vacant 6,000 sf for 6 months allowing ample time to find a replacement tenant.
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Property Features
- Age: 11-20 Years Old
- Building Units: 5
- Cooling System: Electric
- Cooling System: Central Air
- Heating System: Electric (Heating)
- Heating System: Forced Air
- Heating System: Varies by Unit (Heating)
- Legal Description: Lakes Area Industrial Park E 220.34' Lt 2; Rplt Lt
- MLSID: 60335972
- Roof Type: Metal
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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