- For sale
The Ficke Team of Colliers International is pleased to present this exclusive investment opportunity to acquire the USDA Agricultural Marketing Service (AMS) located at 12819 Country Place Drive, St. Joseph, Missouri. This single-tenant building consists of an 8,000-square-foot office steel framed building with a high-performing standing seam roof that was developed in 2003, and in 2008 was renovated-to-suit for the USDA. The building sits on 1.21 acres. In 2018, the USDA invested about $54,000 cash for new carpet, LED lighting, new workstations, and furniture, illustrating the USDAs commitment to this location.
The property is encumbered by a 10-year gross lease. This location employs a staff of about 20 members that collect agricultural market information such as livestock and specialty crops from sources across the supply chain and enter the data into the Market New system that results in market news reports and datasets. This is an excellent value-add opportunity for an investor to negotiate a new long-term lease in 2023.