Listed by AREA Real Estate Advisors
$1,664,772
1821 Commerce Dr
Details
Property Type Industrial
Sub Type Flex, Manufacturing
Square Footage 10,000
Net Rentable (SqFt) 10,000
Cap Rate 7.25%
NOI $120,696
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 07/01/2030
Remaining Term 5
Rent Bumps No
Price per SqFt $166
Year Built 2019
Buildings 1
Stories 1
Acreage 2.100
Investment Type Net Lease
Lease Commencement 06/25/2025
Ground Lease No
Ceiling Height 15’ – 18.5’
Loading Docks 1
Dock High Doors 3
Industrial | 7.25% CAP | 10,000 SqFt
Marketing description
10,000 SF INVESTOR OPPORTUNITY FOR SALE
15 MINUTES FROM LAWRENCE & I-435 / I-70 INTERCHANGE
SALE PRICE: $1,664,772 (7.25% CAP RATE)
Investment highlights
Year Built: 2019
Building Size
Office: 2,500 SF
Warehouse: 7,500 SF
Land Size: 2.1acres
Outdoor Storage: None
Clear Height: 15’ – 18.5’
Roof: Metal
Loading: Two Drive-ins: 14’x14’; 14’x14’; One Dock High:10’x9’
Power: 3-Phase 240v
Listing Contacts
Listed by AREA Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,696.00
$10,058.00/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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