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307 W US Highway 54
Andover, KS 67002
Fully Leased Class A Medical Investment · Retail Property For Sale
Investment Highlights
- Excellent visibility with exposure to 33,000+ vehicles per day
Executive Summary
• Fully leased Class A medical investment
• Predictable Cash Flow with scheduled rent escalations
• Anchor tenant controls occupancy through 2045 with extension options
• Diversified medical tenant mix
• Excellent visibility with exposure to 33,000+vehicles per day
• Regional commercial destination at US-54 & Andover Road serving Andover and the surrounding communities
• Predictable Cash Flow with scheduled rent escalations
• Anchor tenant controls occupancy through 2045 with extension options
• Diversified medical tenant mix
• Excellent visibility with exposure to 33,000+vehicles per day
• Regional commercial destination at US-54 & Andover Road serving Andover and the surrounding communities
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
17,239 SF
Building Class
B
Year Built
2006
Price
$3,200,000
Price Per SF
$185.63
Cap Rate
6.76%
NOI
$216,332
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.60 AC
Zoning
Urban District
Property Taxes
| Parcel Number | 309-30-0-10-02-008-00-0 | Improvements Assessment | $325,553 |
| Land Assessment | $144,398 | Total Assessment | $469,951 |
Property Taxes
Parcel Number
309-30-0-10-02-008-00-0
Land Assessment
$144,398
Improvements Assessment
$325,553
Total Assessment
$469,951
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