Listed by J.P. Weigand & Sons Inc.
$1,188,000
INVESTMENT OPPORTUNITY IN A WELL-ESTABLISHED LOCATION
Details
Property Type Office
Sub Type Traditional Office
Square Footage 12,904
Cap Rate 10%
NOI $118,755
Tenancy Multi
Price per SqFt $92
Class B
Year Built 1982
Buildings 2
Lot Size (SqFt) 30,640
Zoning CS
2619 & 2721 W. 6th St., Lawrence, KS 66049
Marketing description
The 6th Street Offices property consists of two established multi-unit office buildings available. The properties are easily accessed via 6th Street and have great visibility to 27,325 vehicles per day. With a mix of leased and available spaces, the portfolio is a perfect opportunity for an investor or owner-occupant. The portfolio includes multiple recently renovated suites and shares cross parking and maintenance agreements between the properties.
Listing Contacts
Listed by J.P. Weigand & Sons Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$118,755.00
$9,896.25/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
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