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32304195
32304192

2310 Anderson Avenue, Manhattan, KS 66502

BL
KS 00234800
Kansas Commercial Real Estate Services Inc
Listed by Kansas Commercial Real Estate Services Inc
$499,000
58 days on market
Updated 55 days ago

2310 Anderson Ave

Details
APN 2161301004014000
Property Type Office
Sub Type Traditional Office
Square Footage 2,460
Units 1
Cap Rate 8.42%
NOI $42,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 12/30/2028
Remaining Term 3
Rent Bumps Yes
Pro-Forma Cap Rate 9.20%
Pro-Forma NOI $45,900
Stories 1
Lot Size (SqFt) 2,990
Investment Type Net Lease
Lease Commencement 12/31/2025

Income-Producing Office Investment - 100% Leased NNN Building

Marketing description

Turn-key commercial investment opportunity in West-Central Manhattan, Kansas. This standalone professional office building is fully leased to Advena Group, a reputable professional office tenant, on a triple net (NNN) lease—offering investors stable income with minimal landlord responsibilities.

Investment highlights

    • Quality Tenant: Advena Group – established professional office user
    • Triple Net Lease: Tenant pays real estate taxes, property insurance, maintenance, HOA fees, and utilities
    • Hands-Off Investment: Ideal for investors seeking predictable cash flow and limited management obligations
    • Professional Image: Well-maintained, standalone office building in a desirable, easily accessible location

Property Features

    • Main Level Office Layout:
    • Approximately 7 private offices (+/-)
    • Conference room suitable for team meetings and client presentations
    • ADA restroom on the main level
    • Kitchenette for staff convenience
    • Lower Level Space:
    • Open work area ideal for collaborative workstations, training, or flex use
    • Second kitchenette to support expanded staff or multi-use functions
    • Additional restroom
    • Storage area for files, supplies, or equipment

With its functional layout, strong tenant, and NNN structure, 2310 Anderson Ave offers a compelling opportunity for investors seeking a stable, income-producing commercial asset in a solid regional market.

Listing Contacts

BL
KS 00234800
Kansas Commercial Real Estate Services Inc
Listed by Kansas Commercial Real Estate Services Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$42,000.00
$3,500.00/mo

Valuation Metrics

0
DSCR
8.42%
Cap Rate
8.42%
ROI

Map

Zoning

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RL ResidentialSingle FamilyLow Density Residential
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Last updated Jun 11, 2026 For deeper zoning details, reports are available at Zoneomics

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