Overview
Marcus & Millichap is pleased to present 3902 Gene Field Road, St. Joseph, Missouri (the "Property" or "Asset"), a four-story, Class A office building containing approximately 98,849 square feet of rentable area.
Originally developed in 2012 as a build-to-suit regional headquarters, the Property was designed to accommodate more than 300 employees and has been occupied by a single corporate tenant since construction. The Asset is currently dark with contractual lease income remaining through June 2027. Widely regarded as the premier office building in the St. Joseph market, the Property offers investors and owner-users a rare opportunity to acquire institutional-quality real estate at a substantial discount to replacement cost in a market with virtually no competitive new supply.
Investment Highlights
PREMIER CLASS-A OFFICE ASSET
- Institutional-quality office building completed in 2012 and purpose-built as a regional corporate headquarters
- Approximately 98,849 square feet with large, efficient floor plates capable of accommodating future single-tenant or multi-tenant occupancy
- High-quality interior finishes and infrastructure rarely found in secondary markets
MULTIPLE EXECUTION STRATEGIES
- Rare opportunity to acquire a headquarters-quality asset at a substantial discount to replacement cost
- Attractive opportunity for corporate, healthcare, educational, governmental, or institutional owner-users
- Ability to accommodate incremental suite leasing, full-floor tenancy, or future headquarters occupancy
STRATEGIC REGIONAL LOCATION
- Located approximately 50 miles north of Kansas City, providing access to the amenities, workforce, and transportation infrastructure of a major metropolitan area while maintaining a lower-cost operating environment
- Approximately 35 miles north of Kansas City International Airport
- Strategically positioned at the intersection of Interstate 29 and U.S. Highway 36
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