Marcus & Millichap Brokers Sale Of 12,300 SF Retail Property For $5 Million In Columbia MO
3250 Bearfield Road
$5,000,000
$406/SF
Building Size
12,300 SF
Asset Type
Retail
Closing
Feb 13, 2025
AI
The property located at 3250 Bearfield Road in Columbia, MO is a retail asset that encompasses a total area of 12,300 square feet. The sale, finalized on February 13, 2025, was executed for a price of $5,000,000, reflecting a price per square foot of $407. The property was leased for over 18 years prior to the sale.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Sale Date: 02/13/2025
- Address: 3250 Bearfield Road
- Market: Columbia, MO
- Square Footage: 12,300
- Price per Square Foot: $407
- Broker: Dominic Sulo - Marcus & Millichap
The transaction was facilitated by Dominic Sulo, who represented the undisclosed seller in this deal. Marcus & Millichap played a key role in brokering the sale of the O2B Kids! property, contributing to this transaction within the retail market of Columbia.
Columbia 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93