Warehouse for Sale or Lease

Industrial for Sale
Catylist Listing ID: 30707889
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 38,900 SF
Gross Building Area: See Agent
Gross Land Area: 3.70 Acres
Sale Price: $2,500,000
Unit Price: $64.27 PSF
Ceiling: 24 ft.
Docks/Doors: 6 Docks, 1 Door
Office SF: 2,900 SF
Drive In Bays: 4 Bays
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2021

Overview / Comments

38,900 SF Warehouse on approx. 3.7 AC features (to be split from original 9.52 AC). 30,000 SF main warehouse with 24 Ft ceilings, 2 PU truck height loading docks w/10 ft doors, 4 Semi height dock doors w/10 ft doors, 1 ground level loading area w/semi height garage door w/mezzanine storage are on north side of main warehouse, 6,000 SF attached warehouse w/separate entrance from main building w/four pull through 14 ft height overhead doors with 24 ft ceiling. 2900 SF office w/four private offices, one with private restroom and one with wet bar, one break room connecting office to warehouse, one conference room and display area in main entry. Additional approximate 10.85 AC adjacent (combined) land available for sale for additional $425,000. K & O Rail Road is directly adjacent to the acreage being sold separately just west of property.

Attachments & Media


Finance Data Year 2020
Real Estate Taxes - Annual($) $35,403 (Annual)

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087206140140100100
Property Located Between: 47th St S & W. MacArthur
Highway Access: Easy access to I-235 entrance/exit on West St.
Airports: Minutes from Dwight D. Eisenhower National Airport
Site Description: Lg warehouse with office space. 6-8" concrete, 8000 Gal fuel tanks can stay or go. 30,000 SF Warehouse & 2900 SF office built in 1988. 6000 SF warehouse with mezzanine level added 2007.
Area Description: Located in the CrossGate District near RedGuard, Sedgwick County Maint Yard, Duling Construction, D&D Equipment Sales, Gibbs Machine & Tool
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1988
Year Renovated: 1996
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Large warehouse & office with metal siding and canopy gas service area
Parking Type: Surface
Parking Description: Asphalt parking off of West Street near office entrance
Total Parking Spaces: 22
Sprinklers: None
Interior Description: Updated office space with tile & carpet- Lg reception/display space, 4 private offices, one with private restroom, one with wet bar. HVAC.
Zoning Description: Limited Industrial, located in 0.2 PCT Annual Chance Flood Hazard (see map)
In Flood Plain?: Yes
Lot Frontage: 418
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Part of Lot 1, Block A J&P Industrial Addition. (approx 5.8 AC is being split off and sold with Adjoining land)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,736 45,980 130,985
Median Age: 34.34 34.11 33.87
Households: 928 18,053 51,634


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