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222 W 6th St 21,407 SF 100% Leased Office Building Junction City, KS 66441 $495,000 ($23.12/SF) 8.58% Cap Rate

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Investment Highlights

  • Property features lots of natural light.
  • Centrally located in the commercial corridor of Junction City, KS.
  • Warehouse space in the rear with overhead door and loading dock.
  • Excellent access to I-70 and US Hwy 77.

Executive Summary

Excellent opportunity to own real estate and retain rental income in the heart of the Flint Hills. This property is is located in the commercial corridor in the middle of Junction City, KS which is located on I-70 and US HWY 77. Take a look at this sprawling 21,407 square feet of commercial office space and warehouse space w/overhead door and loading dock.Current tenants (Chamber of Commerce, EDC, CVB, local newspaper, radio station, and other local businesses) occupy the entire 21,000 square feet. Zoning is CSP. Sufficient off street parking (43 spaces) and there are two separate City parking lots located to the east and north of this property. Centrally located near downtown businesses, shopping, public library, opera house, park, museum, city municipal building, post office and restaurants. Site contains 46,610 square feet.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $99,600 $4.65
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,600 $4.65
Taxes $22,025 $1.03
Operating Expenses $54,045 $2.52
Total Expenses $76,070 $3.55
Net Operating Income $23,530 $1.10

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $99,600
Annual Per SF $4.65
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,600
Annual Per SF $4.65
Taxes
Annual $22,025
Annual Per SF $1.03
Operating Expenses
Annual $54,045
Annual Per SF $2.52
Total Expenses
Annual $76,070
Annual Per SF $3.55
Net Operating Income
Annual $23,530
Annual Per SF $1.10

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
21,407 SF
Building Class
B
Year Built
1962
Price
$495,000
Price Per SF
$23.12
Cap Rate
8.58%
NOI
$42,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
21,407 SF
Building FAR
0.46
Lot Size
1.07 AC
Zoning
Commercial Real Estate - Commercial Real Estate
Parking
43 Spaces (2.01 Spaces per 1,000 SF Leased)

Amenities

  • Kitchen
  • Storage Space
  • Central Heating
  • High Ceilings
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Abilene Carpet
  • -
  • -
  • -
  • -
  • -
  • Public Administration
  • -
  • -
  • Full Service
  • -

The U.S. Chamber of Commerce is a nonprofit business association and the largest business federation in the United States. Founded on April 23, 1912, at the behest of President William Howard Taft, it represents a broad coalition of businesses, from local enterprises to major global corporations. Operating under section 501(c)(6), the Chamber serves as a key advocate for pro-business policies, including tax reform, deregulation, and international trade. The organization’s headquarters in Washington, DC, supports seven regional offices nationwide. With 483 employees and revenues of approximately $210 million in 2022, it engages in policy lobbying, legal advocacy, research, and educational initiatives.

  • Eagle Communications
  • -
  • -
  • -
  • -
  • -
  • Geary County CVB
  • -
  • -
  • -
  • -
  • -
  • JC Family Housing
  • -
  • -
  • -
  • -
  • -
  • Junction City Area Chamber
  • Public Administration
  • 1,350 SF
  • -
  • -
  • -
  • Seaton Publishing
  • -
  • -
  • -
  • -
  • -
  • Twin Valley
  • -
  • -
  • -
  • -
  • -
  • VanMeter
  • -
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Abilene Carpet - - - - -
Public Administration - - Full Service -
Eagle Communications - - - - -
Geary County CVB - - - - -
JC Family Housing - - - - -
Junction City Area Chamber Public Administration 1,350 SF - - -
Seaton Publishing - - - - -
Twin Valley - - - - -
VanMeter - - - - -
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
111-12-0-20-07-008.00-0
Land Assessment
$7,935
Improvements Assessment
$128,313
Total Assessment
$136,248
Annual Taxes
$22,025 ($1.03/SF)
Tax Year
2025
  • Listing ID: 21017273

  • Date on Market: 9/21/2020

  • Last Updated:

  • Address: 222 W 6th St, Junction City, KS 66441

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