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222 W 6th St

21,407 SF 100% Leased Office Building Junction City, KS 66441 $650,000 ($30/SF) 6.53% 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.

222 W. 6th Seller Disclosure

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	$117,600	$5.49
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$117,600	$5.49
Taxes	$22,025	$1.03
Operating Expenses	$54,045	$2.52
Total Expenses	$76,070	$3.55
Net Operating Income	$41,530	$1.94

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	$117,600
Annual Per SF	$5.49

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$117,600
Annual Per SF	$5.49

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	$41,530
Annual Per SF	$1.94

Property Facts

Sale Type

Investment or Owner User

Property Type

Office

Building Size

21,407 SF

Building Class

Year Built

1962

Price

$650,000

Price Per SF

$30

Cap Rate

6.53%

NOI

$42,450

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Typical Floor Size

21,407 SF

Building FAR

0.46

Land Acres

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

Abilene Carpet
-
-
-
-
-

Public Administration
-
-
Full Service Gross
-

The U.S. Chamber of Commerce is the world’s largest business organization representing companies of all sizes across every sector of the economy. Their members range from the small businesses and local chambers of commerce that line the Main Streets of America to leading industry associations and large corporations. U.S. Chamber of Commerce's all share one thing: U.S. Chamber of Commerce count on the U.S. Chamber to be their voice in Washington, across the country, and around the world. For more than 100 years, they have advocated for pro-business policies that help businesses create jobs and grow the economy.

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 Gross	-
Eagle Communications	-	-	-	-	-
Geary County CVB	-	-	-	-	-
JC Family Housing	-	-	-	-	-
Junction City Area Chamber	Public Administration	1,350 SF	-	-	-
Seaton Publishing	-	-	-	-	-
Twin Valley	-	-	-	-	-
VanMeter	-	-	-	-	-

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Walk Score ®

Very Walkable (76)

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Transit Score® measures access to public transit.

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, 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.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	111-12-0-20-07-008.00-0	Total Assessment	$141,185
Land Assessment	$7,965	Annual Taxes	$22,025 ($1.03/SF)
Improvements Assessment	$133,220	Tax Year	2024