Broadmore Kennels | 20614 W 47th St
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Broadmore Kennels 20614 W 47th St
8,300 SF 100% Leased Flex Building Shawnee, KS 66218 $1,300,000 ($157/SF) 7.23% Cap Rate
Investment Highlights
- Predictable revenue growth with a 2% annual rent increase every July 1st, aiding in hedge against inflation
- Seller is committed to replacing one HVAC system at a cost of $11,000, ensuring the property is well-main- tained for the tenant
- Stable investment with a single tenant on their second year of a 10-year lease, providing long-term rental income
- Tenant, Village Pet Care, comes with the financial backing of General Atlantic, indicating reliable payment history and potential for lease renewals
- Property upgrades include new roofs installed in August 2024 with 20-year transferable warranties, en- hancing property value and reducing near-term m
- 4 Buildings Total: 5,000 SF, 3,300 SF, and 2 large sheds
Executive Summary
20560 W 47th St, Shawnee, KS 66218 offers a chance for you to own a stable investment with low maintenance and cash flow. The Tenant is in their 2nd year of a 10 year Lease with 2 additional 5-year options. New roofs installed in August 2024. Seller will install new HVAC for those older than 7 years, asphalt the parking lot and roads, plus install a bridge over the ravine to Building 1 prior to closing
Property Facts
Price | $1,300,000 | Building Class | B |
Price Per SF | $157 | Rentable Building Area | 8,300 SF |
Sale Type | Investment | No. Stories | 1 |
Cap Rate | 7.23% | Year Built/Renovated | 1984/2024 |
Property Type | Flex | No. Drive In / Grade-Level Doors | 2 |
Price | $1,300,000 |
Price Per SF | $157 |
Sale Type | Investment |
Cap Rate | 7.23% |
Property Type | Flex |
Building Class | B |
Rentable Building Area | 8,300 SF |
No. Stories | 1 |
Year Built/Renovated | 1984/2024 |
No. Drive In / Grade-Level Doors | 2 |
Amenities
- Signage
- Storage Space
- Air Conditioning
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Broadmore Kennels | 20614 W 47th St
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