20614 W 47th St - Flex FOR SALE
Shawnee, KS 66218 |
$1,300,000 USD
573-355-1810
20614 W 47th St
Shawnee, KS 66218
HIGHLIGHTS
- Predictable revenue growth with a 2% annual rent increase every July 1st, aiding in hedge against inflation
- Tenant, Village Pet Care, comes with the financial backing of General Atlantic, indicating reliable payment history and potential for lease renewals
- Seller is committed to replacing one HVAC system at a cost of $11,000, ensuring the property is well-main- tained for the tenant
- Property upgrades include new roofs installed in August 2024 with 20-year transferable warranties, en- hancing property value and reducing near-term m
- Stable investment with a single tenant on their second year of a 10-year lease, providing long-term rental income
- 4 Buildings Total: 5,000 SF, 3,300 SF, and 2 large sheds
OVERVIEW
20560 W 47th St, Shawnee, KS 66218 offers a chance for you to own a stable investment with low maintenance and cash flow. The Tenant is in their 2nd year of a 10 year Lease with 2 additional 5-year options. New roofs installed in August 2024. Seller will install new HVAC for those older than 7 years, asphalt the parking lot and roads, plus install a bridge over the ravine to Building 1 prior to closing
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$157 USD /SF
CAP RATE
7.23%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Broadmore Kennels
PROPERTY TYPE
Flex
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1984
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
2
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.1
LAND SF
222,243
ZONING
AG
APN/PARCEL ID
QF231135-4017
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573-355-1810
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