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25291828
25291848

100 Center St, Galesburg, KS 66740

SR
Golden Oak Real Estate
LL
CA 01128388, CA 02137471
Lancelot Commercial Industrial Brokerage
Listed by Golden Oak Real Estate, Lancelot Commercial Industrial Brokerage
$1,995,000
455 days on market
Updated 96 days ago

100 Center Street

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 126,393
Units 3
Cap Rate 14.60%
NOI $291,297
Occupancy 100%
Tenancy Multi
Brand/Tenant Johnson Controls, Transportation Partners & Logistics
Class A
Year Built 1972
Acreage 13.500
Parking Spaces 294 spaces
Parking Per SqFt 2.33
Investment Type Value Add
Tenant Credit Credit Rated
Ceiling Height 24’ – 29'
Dock High Doors 13

Industrial | 14.60% CAP | 126,393 SqFt

Marketing description

Currently available as a leased investment - Future owner-user opportunity.*

3-tenant industrial building in Galesburg, KS. Current tenants include Johnson Controls (a Fortune 100 tenant), TP&L, and MasTec (leasing only a portion of the lot). The ±126,393 SF building is situated on a 13.50-acre site and features 9 overhead doors, 4 grade doors, 24'-29’ clear height, steel-framed construction on a concrete slab with metal siding and roof, and fluorescent lighting. Strategically located near Johnson Controls’ facility in Parsons.

*Owner-User Opportunity -- Johnson Controls lease expires 8/31/26 and includes no further options. Occupy 75,000 SF and earn income from additional co-tenants.

Investment highlights include a Fortune 100 tenant in a proven industrial submarket offering exceptional stability and value. Strong in-place rents and significant long-term land value support this low-management, passive investment serving the thriving logistics and manufacturing sectors. Priced below replacement cost with a motivated seller, this represents a rare opportunity to acquire a stabilized, cash-flowing asset in today's competitive market.

Investment highlights

  • Anchored by a Fortune 100 tenant, Johnson Control.

  • Strategically located near Johnson Control’s facility in Parsons, Kansas.

  • 126,392 SF 3 tenant building, positioned on 13.5-acre site.

  • Building features nine overhead doors and three dock doors

  • Loading: 9 overhead doors / 4 grade doors

  • Parking: 294 Spaces in Onsite Lot

  • Clear Height: 24’ – 29

  • Building Structure: Steel framework, poured concrete slab, metal on steel frame

  • Roof: Metal

  • Lighting: Fluorescent

Listing Contacts

SR
Golden Oak Real Estate
LL
CA 01128388, CA 02137471
Lancelot Commercial Industrial Brokerage
Listed by Golden Oak Real Estate, Lancelot Commercial Industrial Brokerage

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,297.00
$24,274.75/mo

Valuation Metrics

0
DSCR
14.6%
Cap Rate
14.6%
ROI

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Additional Information

Name
Stephanie Reitemeier
License
00243229
Brokerage
Golden Oak Real Estate
Title
Broker | Co-Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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