Derby Office Investment

Office for Sale
Catylist Listing ID: 30451817
Property Subtypes: Office Building
Building Size (RSF): 5,200 SF
Gross Building Area: See Agent
Sale Price: $650,000
Unit Price: $125 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/10/2019

Overview / Comments

Well maintained class B office building in the heart of Derby, KS. The property is well located off Rock Road and E Osage and is surrounded by a mix of restaurants, banks, retailers, medical users, single family neighborhoods and multifamily developments. This is great opportunity for an investor looking for a 1031 exchange. The property is fully occupied with four tenants. Financials and a rent roll are available up request.

Fully Occupied Class B Office Building
Excellent Location off Rock Road with strong demographics
Strong Tenant Mix
Great 1031 Exchange Property
Built in 2003
Financials and Rent Roll available upon request
Total SF- 5,200 SF
Site Size- 20,037 SF
Asking Price- $650,000

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087233070110201000B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,677 26,441 45,419
Median Age: 37.98 36.32 35.9
Households: 3,820 9,863 16,600


Photograph of Listing Agent

Trent Garman

NAI Martens
KSCRE Member
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