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27289046
27289045

3 Locations

TS
KS BR00016955
AREA Real Estate Advisors
JH
KS 00244294, MO 2021001693
AREA Real Estate Advisors
Listed by AREA Real Estate Advisors
Unpriced
247 days on market
Updated 141 days ago

1650, 1700, 1821 Commerce Drive

Details
Property Type Industrial
Sub Type Flex, Manufacturing
Cap Rate 7.25%
Lease Type NNN
Remaining Term 5
Year Built 2019; 2021; 2022
Buildings 3
Acreage 1.5 - 2.1
Investment Type Owner/User
Ceiling Height 10.5’ - 26’
Loading Docks 8
Dock High Doors 1
Ownership Owner-User or Investment

Industrial | 7.25% CAP

Marketing description

3-property portfolio - 34,700 total SF Owner-user and/or Investment Opportunity

Investment highlights

Owner-user opportunity:

  • 1650 Commerce: 8,000 SF - $999,000 ($124.88 PSF)

  • 1700 Commerce: 16,700 SF - $2,104,475 ($126.02 PSF)

Investment opportunity:

  • 1821 Commerce: 10,000 SF - $1,664,772 (7.25% cap rate)

1650 Commerce Dr

  • Sale Price: $999,000 ($124.88 PSF)

  • Year Built: 2021

  • Building Size: 8,000 SF

    • Office: 3,200 SF

    • Warehouse: 4,800 SF

  • Land Size: 1.5 Acres

  • Outdoor Storage: 5,000 Sf (Paved)

  • Clear Height: 22’ - 26’

  • Roof: Metal

  • Loading: Drive-in Doors: (3) 12’ X 12’ | (1) 14’ X 14’

  • Power: 3-phase 400 Amp / 347 Volt

  • Taxes (2024): $27,223.94

1700 Commerce Dr

  • Sale Price: $2,104,475 ($126.02 PSF)

  • Year Built: 2022

  • Building Size:

  • Office: None

  • Building Size: 16,700 SF

  • Land Size: 1.6 Acres

  • Outdoor Storage: 3,600 SF (Paved)

  • Clear Height: 10.5’ - 14.5’

  • Roof: Metal

  • Loading: Drive-in Doors (2) 12’ X 12’ | (1) 12’ X 14’

  • Power: 3-phase 400 Amp / 347 Volt

  • Taxes (2024): $35,084.80

1821 Commerce Dr

  • Sale Price: $1,664,772 (7.25% Cap Rate)

  • Year Built: 2019

  • Building Size: 10,000 SF

    • Office: 2,500 SF

    • Warehouse: 7,500 SF

  • Land Size: 2.1 Acres

  • Outdoor Storage: None - Ability to Add With Acreage

  • Clear Height: 15’ - 18.5’

  • Roof: Metal

  • Loading:

  • Drive-in Doors: (1) 14’ X 14’

  • Dock High: (1) 10’ X 9’

  • Power: 3-phase / 240 Volt

  • Taxes (2024): $23,538.66

Listing Contacts

TS
KS BR00016955
AREA Real Estate Advisors
JH
KS 00244294, MO 2021001693
AREA Real Estate Advisors
Listed by AREA Real Estate Advisors

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Additional Information

Name
Tim Schaffer
License
BR00016955
Brokerage
AREA Real Estate Advisors
Title
President
Brokerage Address
4800 Main Street
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