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United States Postal Service 211 N Andover Rd 6,165 SF Retail Building Andover, KS 67002 $950,000 ($154.10/SF) 6.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Essential Infrastructure: The USPS serves as a critical component of the nation’s infrastructure, providing reliable mail and package delivery service
- E-Commerce Boom: The exponential growth of e-commerce has translated into increased demand for package delivery services.
- Financial Resilience: USPS has historically displayed financial resilience. Its ability to adapt to changing market dynamics
- Strong Market Position: With its unparalleled reach, the USPS maintains a dominant market position in mail and package delivery.
- Diverse Revenue Streams: The USPS derives revenue from various sources, including first-class mail, marketing mail, packages, and more.
- Government Support and Oversight: As a government agency, the United States Postal Service benefits from a level of support
EXECUTIVE SUMMARY
Kyle Matthews
License # #CO00002672 (KS)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Transportation and Warehousing
- -
- -
- -
The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Transportation and Warehousing | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 304-19-0-10-05-001-03-0 | Improvements Assessment | $107,630 |
| Land Assessment | $43,575 | Total Assessment | $151,205 |
PROPERTY TAXES
Presented by
United States Postal Service | 211 N Andover Rd
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