3500 N Rock Road #550

Office for Sale
Catylist Listing ID: 30506318
Property Subtypes: Business Park
Building Size (RSF): 3,689 SF
Gross Land Area: 7,200 SF
Sale Price: $525,000
Unit Price: $142.31 PSF
Property Use Type: Business
Class of Space: Class A
Usable Size (USF): 3,689 SF
Core Factor: 3,689%
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/16/2020

Overview / Comments

This office building has been well maintained and updated since it's completion date in 1998.

The floor plan offers a nice work flow and convenient set up for efficient office operations. See attached floor plan and the 3-D Interactive Tour link.

This building may be purchased alone or in combination with listings of building #500 and the lot next to building #550. See listing number 30505310.

The current tenants lease expires March 30, 2020. Please do not interupt tenants.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $10,080 (Annual)

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Taxing Authority: Sedgwick County
Tax ID/APN: 087109320230102100
Zoning: GENERAL OFFICE
Property Located Between: North of 29th Street north on Rock Road.
Property Visibility: Good
Highway Access: within blocks of K-96 and 10 minutes from Kellogg.
Site Description: This is a well maintained office park and very attractive.
Area Description: This office park is surrounded by many like kind office operations, with a good variety of shopping, restaurants and other consumer conveniences.
Exterior Description: Synthetic Stucco
Parking Type: Surface
Parking Description: front door parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: general office
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lot 10, Block 3, Stonehedge Second Addition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,042 49,630 116,415
Median Age: 32.49 36.1 35.46
Households: 3,488 20,157 46,706

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