Listed by Colliers - Tulsa, Oklahoma, Colliers
$5,780,000
Wescon Plastics HQ & Production - Long Term Lease
Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Square Footage 89,900
Net Rentable (SqFt) 89,900
Cap Rate 8%
NOI $462,226
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Year Built 1973
Year Renovated 2011, 2014, 2025
Acreage 11.660
Investment Type Net Lease
Ground Lease No
Dock High Doors 4
Sale Condition 1031 exchange
Wichita, KS - Annual Rent Increases - New Roof
Investment highlights
- 51 Year Operating History at this site
- 2% Annual Rent Increases
- Significant Tenant Investments into Building and Equipment
- Minimal LL Obligations
- Expansion Opportunity on 11.7 Acres
- Seller just invested $550K into a brand new roof and repairs (all warrantied for 10+ years)
- One of three critical production facilities for tenant nationwide
- Attractive logistics corridor adjacent to Interstate 235
Listing Contacts
Listed by Colliers - Tulsa, Oklahoma, Colliers
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$462,226.00
$38,518.83/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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