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Published on: Friday, November 22, 2024
Updated on: Wednesday, June 18, 2025
About the Lister
User Profile Image
Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
Provide Your Service
Financing  Business  Material

  Alorica

4315 Pickett Rd Saint Joseph Missouri , 64503
4315 Pickett Rd Saint Joseph Missouri                                                                                            , 64503  SRS Real State Partners
Listing ID: CL-Missouri-12913 R&D Park/Industrial

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.75
Net Operating Income: $605,883.00
Quick Glance
Listing ID: CL-Missouri-12913
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2003
Building Size: 107,236.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: 610
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Alorica Industrial Building investment property located in St. Joseph, Missouri.
Complete Details
Year Build: 2003
Building Size: 107,236
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: 610
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description

SRS Real Estate Partners, LLC is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Alorica Industrial Building investment property located in St. Joseph, Missouri. The tenant, Alorica, has 8 years remaining in their current lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features scheduled rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to roof and structure making it an ideal, low-management investment opportunity for a passive investor. Alorica drives CX innovation for hundreds of the most reputable and progressive clients on the planet across diverse industries through our award-winning operations in 17 countries. The Alorica Industrial Building is located directly off of Interstate 29, a major thoroughfare that averages over 20,000 vehicles passing by daily. The site is ideally located in a dense retail/industrial corridor, with numerous nearby national/credit tenants including Aldi, Walmart Supercenter, FedEx, Love’s, Tractor Supply, International Paper, McDonald’s, Taco Bell, and many more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site. Furthermore, the asset is in close proximity to Pickett Elementary School (303 students) and Skaith Elementary School (366 students), further increasing consumer traffic to the immediate trade area. The 5-mile trade area is supported by over 70,000 residents and 49,000 employees, providing a direct consumer base from which to draw. Residents within a 5-mile radius have an average household income of $75,489. Listing Broker Name: Morgan Zant, Brokerage Name: SRS Real Estate Partners, LLC

Additional Properties
Property Highlights
  • 8 Years Remaining | Scheduled Rental Increases | Established Brand
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities
  • Directly Off of Interstate 29 | Dense Retail/Industrial Corridor | Nearby Schools
  • Strong Demographics in 5-Mile Trade Area
Features
  • Zoning: M-1 Light Manufacturing District
  • Lease Commencement: 11/01/2019
  • Lease Expiration: 12/31/2032
  • Lease Term: 13.2 years
  • Lot Size (acres): 15
  • Rent Bumps: scheduled rental increases throughout the initial term and option periods
  • APN: 06-6.0-23-001-000-006.000
  • Ownership: Fee Simple (Land & Building)
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$605,883.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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1210 Devereux Rd , Cardiff Colorado                                                                                             81601
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218 W St Peter St , New Iberia Louisiana                                                                                            70560
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2509-2513 W 2nd St , Marion Indiana                                                                                              46952
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737-787 E. Main St , Gas City Indiana                                                                                              46933
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