4115 SW Southgate Dr - Light Manufacturing FOR SALE
Topeka, KS 66609 |
$825,000 USD
512-856-7596
4115 SW Southgate Dr
Topeka, KS 66609
HIGHLIGHTS
- TruGreen is the nation's largest commercial & residential lawn care company, servicing over 2.3 million customers annually across its 270+ locations.
- TruGreen has been operating out of this facility since 1986 and just exercised its ninth lease extension, demonstrating a long-term commitment.
- The lease provides very limited landlord responsibilities and strong annual 3% rent escalations, making this a great opportunity for an investor.
- Facility is strategically located and highly accessible to I-470, I-335, and U.S. Route 75, allowing the tenant to service the entire Topeka market.
- Rent is slightly below market, and the property is being valued at below replacement cost, making this a safe and stable investment opportunity.
- The Facility is located in the premier industrial pocket in Topeka & is located near other notable tenants with synergy, such as Foley Equipment Etc.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 10,080 SF TruGreen Lawncare facility in Topeka, KS. TruGreen has operated out of this facility for nearly 40 years and just exercised its 9th lease extension. With a passive net lease structure and strong 3% annual increases, this is a great bite-sized opportunity for investors looking for a reliable and hands-free industrial investment.
In Cooperation With Sands Investment Group Kansas, LLC - Lic. #CO00002897 BoR: Max Freedman - Lic. KS #241927
FOR SALE DETAILS
PRICE
$825,000 USD
PRICE/SF
$82 USD /SF
CAP RATE
6.89%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
TruGreen - Topeka, KS
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
Light Manufacturing
ADD'L SUBTYPES
Distribution, Manufacturing, Showroom
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
UTILITIES
-
CLEAR CEILING HT
16 Ft
DOCKS
1
DRIVE INS
2
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.99
LAND SF
43,124
ZONING
I1
APN/PARCEL ID
146-24-0-20-04-010-000
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512-856-7596
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512-856-7596
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