Catylist ID:
#30655365
| Catylist Listing ID: | 30655365 |
| Property Subtypes: | Net Leased, Office Building |
| Building Size (RSF): | 5,776 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $655,000 |
| Unit Price: | $113.40 PSF |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 10/2/2020 |
Overview / Comments
|
1 block off Main Street Fully occupied, single-tenant investment opportunity 15 years lease term with the State of Kansas. 12 years remaining on initial term. Complete renovation in 2016 Front door parking NOI $ 58,327.50 / yr. |
Current Tenants
| Tenant Business Name | State of Kansas Department of Children & Family |
| Tenant Notes | 12 years remaining on 15 year term |
Additional Details
| Nearest MSA: | McPherson |
| County: | McPherson |
| Tax ID/APN: | 0591382802027007000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,829 | 13,640 | 13,640 |
| Median Age: | 37.98 | 39.85 | 39.85 |
| Households: | 3,182 | 5,703 | 5,703 |
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