Special offer

Sold- Manhattan Kansas Commercial Investment Offering- 1-70 Highway 177 Corridor

By
Real Estate Agent with Landmark Real Estate
Konza Prarie Commercial Investment Opportunity at the Gateway to Manhattan KS (I-70 and Highway 177)
Main Photo
Location: Manhattan, Kansas
Good cashflow in it's current position, multiple utilizations, and an excellent property appreciation profile. 2+ improved acres located immediately at Interstate 70 exit 313. Exit 313 accesses K-177 and serves as the principal corridor to Manhattan, Kansas. A truely rare opportunity for ownership of property at this location. Location is primarily government ownership with the Konza prarie preserve and Kansas State University.

Current tenant is a successful prefabricated homes dealer previously in occupancy of the property with a 5 year triple net lease at $2150 per month. Tenant is now in lease at a month to month basis and has expressed interest in renegotiating a new term lease if new owner is willing.

Sale includes highway signage easement. Offered/priced for quick sale. Please send inquiries to Byron@LandmarkKansas.com
Information
Pricing
Price: $350,000
Cap Ratio: 7.0%
Property Location
8001 Pillsbury Drive
Manhattan, Kansas 66502
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Features
Building Class: Commercial
Lease Term: Previously 5 year now Month to Month
Real Estate Tax: 2128.36
Lot Size: 2.14 acres
Parking: Blacktop
Lease Type: Triple Net
Lease Rate: $2150
Exterior Amenities
Parking Lot
Interstate Frontage
Highway Signage Easement
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