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4115 SW Southgate Dr
Topeka, KS 66609

$825,000 USD

Light Manufacturing For Sale  •  10,080 SF

Property Details

  • Property Type Light Manufacturing
  • Total Building Size 10,080 SF
  • Lot Size 0.99 AC
  • Building Class B
  • Year Built 1986
  • Cap Rate 6.89 %
  • Tenancy Single
  • Zoning I1
30 Transit Score
40 Walk Score

Highlights

TruGreen is the nation's largest commercial & residential lawn care company, servicing over 2.3 million customers annually across its 270+ locations.
TruGreen has been operating out of this facility since 1986 and just exercised its ninth lease extension, demonstrating a long-term commitment.
The lease provides very limited landlord responsibilities and strong annual 3% rent escalations, making this a great opportunity for an investor.
Facility is strategically located and highly accessible to I-470, I-335, and U.S. Route 75, allowing the tenant to service the entire Topeka market.
Rent is slightly below market, and the property is being valued at below replacement cost, making this a safe and stable investment opportunity.
The Facility is located in the premier industrial pocket in Topeka & is located near other notable tenants with synergy, such as Foley Equipment Etc.
Cap Rate: 6.89 %

Major Tenants

Tenant SF Occupied Lease End Date
TruGreen 10,080 SF 7/31/2032

Amenities

  • Signage
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
12 min - 6.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC
Hunter Kirby 512-856-7596 Sands Investment Group Austin, LLC