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3250 Bearfield Road

Marcus & Millichap Brokers Sale Of 12,300 SF Retail Property For $5 Million In Columbia MO
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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.

Players

Dominic Sulo

Marcus & Millichap

Broker

$148.8M

vol

22 deals

Broker

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