SALE/LEASEBACK INVESTMENT

Industrial for Sale
Catylist Listing ID: 30590424
Property Subtypes: Flex Space, Light Industrial, Net Leased, Other
Building Size (RSF): 85,677 SF
Gross Land Area: 219,046 SF
Sale Price: $2,000,000
Unit Price: $23.34 PSF
Ceiling: 14 ft.
Docks/Doors: 3 Docks
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 85,677 SF
Sale Terms: Sale/Leaseback
Cap Rate: 8.2%
Last Updated: 10/13/2020

Overview / Comments

Rare sale/leaseback opportunity in Wichita - 9% cap rate.

Multiple additions, making building easy to demise in future.

All production areas climate-controlled.

Warehouse – heat only.

Upgraded 480V, 3-phase power, lighting, and HVAC since 2014.

Local printer in business since 1999.

Tenant information visit: www.docuplex.com

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087125160440603100A
Zoning: LIMITED INDUSTRIAL, GENERAL COMMERCIAL, MULTI-FAMILY
Property Located Between: Murdock St. & Central Ave.
Tenancy: Single Tenant
Year Built: 1951
Year Renovated: 2014
Parking Description: Ample parking
Amps: 480
X-Phase: 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,782 133,729 253,891
Median Age: 30.68 32.74 34.09
Households: 4,787 54,278 104,313

Contact

Photograph of Listing Agent

Bradley Tidemann, SIOR

J.P. Weigand & Sons, Inc. KSCRE Member
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