612-624 N Mulberry Rd - Office FOR SALE


Derby, KS 67037- Outer Derby/Haysville
$1,650,000 USD
316-262-2442
612-624 N Mulberry Rd, Derby, KS for Sale
$1,650,000 USD
Office - FOR SALE
1/1
null | 8% Cap Rate

612-624 N Mulberry Rd
Derby, KS 67037
Outer Derby/Haysville


HIGHLIGHTS

  • Fully leased multi-tenant office investment with six office suites.
  • Located across from Derby City Hall in an established business corridor.
  • Two office buildings constructed in 2001 on approximately 1.23 acres.
  • Monument signage provides visibility along a well-traveled corridor.
  • Surrounded by retail, restaurants, schools, and financial institutions.
  • Includes 62 surface parking spaces for tenants and visitors.

OVERVIEW

Mulberry Place Office Center presents the opportunity to acquire a fully leased multi-tenant office investment in Derby, Kansas. The property consists of two single-story office buildings totaling 9,398 square feet and is configured with six professional office suites serving a diverse office tenant base. Built in 2001 and situated on approximately 1.23 acres, the asset benefits from established occupancy, surface parking, monument signage, and a layout designed to accommodate professional office users. Positioned near the signalized intersection of Rock Road and Madison Avenue, the property enjoys direct visibility within one of Derby's established commercial corridors. Its location across from Derby City Hall places the asset within close proximity to municipal services, retail businesses, restaurants, financial institutions, schools, and other daily-use amenities that support tenant retention and long-term occupancy. The surrounding commercial environment contributes to consistent business activity and accessibility for both employees and visitors. The property includes 62 surface parking spaces, providing convenient access for tenants and guests. With 100% occupancy and an established tenant roster, the asset offers in-place income supported by a well-maintained office environment. Derby's connection to the greater Wichita metropolitan area further enhances the property's appeal by providing access to a broad workforce and regional business base. For investors seeking an office asset with stabilized occupancy, established tenancy, and a location integrated within a mature commercial district, Mulberry Place offers a compelling opportunity for long-term ownership.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mulberry Place Office Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

B-2

APN/PARCEL ID

233-06-0-44-03-001.00

ASK ABOUT THIS PROPERTY

Josh TurnerKeller Williams Signature PartnersMore Info
316-262-2442

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Josh TurnerKeller Williams Signature PartnersMore Info
316-262-2442

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