12119 Johnson Dr
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12119 Johnson Dr
14,574 SF 100% Leased Retail Building Shawnee, KS 66216 $1,800,000 ($124/SF) 8.50% Cap Rate
Investment Highlights
- The presence of 3 drive-in garages (each 10X10 in size).
- Roughly 145 feet of frontage on Johnson Drive.
- Property has undergone recent upgrades.
Executive Summary
Recent upgrades to building include a new roof, windows, flooring, lighting, garage doors, and interior/exterior paint.
Current tenants have 2 years left remaining on lease term.
Current tenants have 2 years left remaining on lease term.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,574 SF
Building Class
C
Year Built
1950
Price
$1,800,000
Price Per SF
$124
Cap Rate
8.50%
NOI
$153,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.70 AC
Zoning
CN - Retail Zoning
Parking
38 Spaces (12.67 Spaces per 1,000 SF Leased)
Frontage
145 FT on Johnson Drive
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | QP72800000-0029B | Improvements Assessment | $167,463 |
| Land Assessment | $82,038 | Total Assessment | $249,501 |
PROPERTY TAXES
Parcel Number
QP72800000-0029B
Land Assessment
$82,038
Improvements Assessment
$167,463
Total Assessment
$249,501
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Epique Realty
12119 Johnson Dr
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