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1835 S Florence St 17,000 SF Industrial Building Wichita, KS 67209 $1,890,000 ($111.18/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- New Roof
EXECUTIVE SUMMARY
Current lease expires 12-31-2028. Tenant has two 1 year options at current rental rate and any increase in expenses.
New roof installed in 2025
New roof installed in 2025
PROPERTY FACTS
| Price | $1,890,000 | Rentable Building Area | 17,000 SF |
| Price Per SF | $111.18 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1981 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.29/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.37 AC | ||
| Zoning | LI | ||
| Price | $1,890,000 |
| Price Per SF | $111.18 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.37 AC |
| Rentable Building Area | 17,000 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 1.29/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI |
1 1
PROPERTY TAXES
| Parcel Number | 137-35-0-14-02-002.00 | Improvements Assessment | $175,100 |
| Land Assessment | $4,450 | Total Assessment | $179,550 |
PROPERTY TAXES
Parcel Number
137-35-0-14-02-002.00
Land Assessment
$4,450
Improvements Assessment
$175,100
Total Assessment
$179,550
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1835 S Florence St
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