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2367 Vintage Court

Legacy Realty Group Advisors Sells Truman Center In Excelsior Springs For $2.2M
SOLDRetail

Legacy Realty Group Advisors Sells Truman Center In Excelsior Springs For $2.2M

2367 Vintage Court

$2,200,000

$104/SF

Building Size

21,000 SF

Asset Type

Retail

Closing

Jan 31, 2024

AI

The sale of Truman Center, a retail property located at 2367 Vintage Dr Ste A, Excelsior Springs, MO, has been successfully brokered by Ari Warshaw & Jonah Warshaw from Legacy Realty Group Advisors. The transaction closed on 01/31/2024, with a sale price of $2,200,000. The asset spans 21,000 square feet, resulting in a price per square foot of $105.

Summary of transaction details:

Legacy Realty Group Advisors played a pivotal role in facilitating the sale of Truman Center, marking a significant transaction in the retail real estate market of Excelsior Springs, MO.

Players

Jonah Warshaw

Legacy Realty Group Advisors

Broker

$192.1M

vol

20 deals

Broker

Excelsior Springs Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93