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1821 Commerce Dr 10,000 SF Industrial Building Tonganoxie, KS 66086 $1,664,772 ($166.48/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 7.25% cap rate with 5 years remaining on NNN lease
  • Located 15 minutes from Lawrence and major interstates
  • Expansion potential with 2.1-acre site and no current outdoor storage

EXECUTIVE SUMMARY

Positioned just 15 minutes from both Lawrence and the I-435/I-70 interchange, 1821 Commerce Drive offers investors a rare opportunity to acquire a modern, income-generating industrial asset in a high-growth corridor of eastern Kansas. Built in 2019, this 10,000 SF facility is situated on 2.1 acres and features a balanced mix of 2,500 SF of office space and 7,500 SF of warehouse, designed to accommodate a range of industrial users.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,664,772
Price Per SF $166.48
Sale Type Investment
Cap Rate 7.25%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
Building Class B
Lot Size 2.14 AC
Rentable Building Area 10,000 SF
No. Stories 1
Year Built 2019
Tenancy Single
Parking Ratio 1.5/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Red Dog Electric
  • -
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Red Dog Electric - 99,999 SF $9.99 Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
192-03-0-00-00-017.18-0
Land Assessment
$6,125 (2025)
Improvements Assessment
$177,400 (2025)
Total Assessment
$183,525 (2025)
  • Listing ID: 37878791

  • Date on Market: 9/30/2025

  • Last Updated:

  • Address: 1821 Commerce Dr, Tonganoxie, KS 66086

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