5805 Merriam Drive

5805-5809 Merriam Dr Shawnee KS

  • $700,000
  • Sq Ft: 7,600
  • Land: 7920 SF

Description

Located on the south side of I-35, blocks away from IKEA and Merriam Town Center, this 7,600+ industrial property can fit a multitude of needs. Some of the features include:

5 Garge Doors

Up to 7,600+/- SF available, currently on short-term lease

$11.50/MG lease rate

+/- 2,300 SF space available for lease or owner occupant

Current tenants could be put back on 5-year term depending on Buyer preference

Financing Summary:

Proposed Sale Price                            $700,000

Down Payment                                      $70,000

Loan                                                    $630,000

Interest Rate                                              4.7%

Term                                                     25 years

Annual Payments                                ($49,248)

Property Taxes                                    ($11,106)

Property Insurance                                ($9,000)

Misc Maintenance + Utilities                  ($7,200)

Rental Income from Tenants ($12/sf)   ($66,600)

Total Annual Expense:                         ($9,954)

 

Details

Price: $700,000
Address:5805-5809 Merriam Dr
City:Shawnee
State:KS
Zip Code:66203
Property Type:Industrial
Floors:1
Square Feet:7,600
Lot Size:7920 SF
Garage:5 Overhead Doors
Additional Features:

Location Map

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