TITLE:
Pro Forma 9 Cap Office on Four Wooded Acres
CONTROL:
Exclusive
VALUE:
$800,000
LOAN:
$0
EQUITY:
$800,000
TYPE:
Office Building
HAVE:
Free and clear 7,185 sq ft office on four wooded acres. The property has multiple offices, conference room, supply room, kitchen, loading dock, basement and plenty of power.
WEBSITE URL:
ADDRESS:
1326 E 79th St S, Haysville, Kansas
BENEFITS TO NEW OWNER:
Free and clear office and the seller is willing to lease back 4,000 sq ft
GROSS SCHEDULED INCOME:
$71,850 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$71,850
EXPENSES:
$0
NOI:
$71,850
DEBT SERVICE:
$0
CASH FLOW:
$71,850
CAP RATE:
8.98%
BENEFITS SOUGHT:
Cash, exchange for other local office
REMARKS:
The owner is willing to lease back part of the space and could owner carry a portion. Vacant space will be marketed at $10/ft NNN and that gives a pro forma cap rate of 9.
COUNSELOR:
Phil Graves
Graves Group
15031 East Morris
Wichita, Kansas, 67230
Cell: 316-644-2508
Email blowtorchre@gmail.com
