1129 Merriam Ln - Warehouse FOR SALE


Kansas City, KS 66103- Shawnee Heights
$830,964 USD
816-556-1170
1129 Merriam Ln, Kansas City, KS for Sale
$830,964 USD
Warehouse - FOR SALE
1/3
null | 8.5% Cap Rate

1129 Merriam Ln
Kansas City, KS 66103
Shawnee Heights


HIGHLIGHTS

  • Lease term: Five (5) years; Tenant has two Five (5) Year options to renew
  • Lease type: NNN; Landlord responsibilities: Structural repairs/replacement; and parking lot replacement

OVERVIEW

10,800 SF Located in Wyandotte County, Kansas Great interstate access to I-35, I-635, and Hwy 69 5.05-acre parcel 100% leased to Forshaw, Inc. Lease term: Five (5) years; Tenant has two Five (5) Year options to renew Lease type: NNN; Landlord responsibilities: Structural repairs/replacement; and parking lot replacement Current NOI: $70,632.00 Annual rent escalations tied to CPI Sale price: $830,964.00; Year 1 cap rate: 8.50%

FOR SALE DETAILS

PRICE

$830,964 USD

PRICE/SF

$77 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rhodes Chemical

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

5.05

LAND SF

219,978

ZONING

M-3

APN/PARCEL ID

139205

ASK ABOUT THIS PROPERTY

Jack HigginsColliersMore Info
816-556-1170

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Jack HigginsColliersMore Info
816-556-1170

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.