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100 Center St 126,392 SF 83% Leased Industrial Building Galesburg, KS 66740 $2,720,661 CAD ($21.53 CAD/SF) 14.60% Cap Rate
Investment Highlights
- 3-Tenant Industrial Building
- Strategically Located Near Johnson Controls’ Facility in Parsons, KS
- Building Features Nine Overhead Doors and Three Dock Doors
- Anchored by a Fortune 100 Tenant, Johnson Controls
- 126,392 SF Building Positioned on 13.5-acre Site
Executive Summary
3-tenant industrial building in Galesburg, KS. Current tenants include Johnson Controls (a Fortune 100 tenant), TP&L, and MasTec (leasing only a portion of the lot). The ±126,393 SF building is situated on a 13.50-acre site and features 9 overhead doors, 4 grade doors, 24'-29’ clear height, steel-framed construction on a concrete slab with metal siding and roof, and fluorescent lighting. Strategically located near Johnson Controls’ facility in Parsons.
Investment highlights include a Fortune 100 tenant in a proven industrial submarket offering exceptional stability and value. Strong in-place rents and significant long-term land value support this low-management, passive investment serving the thriving logistics and manufacturing sectors. Priced below replacement cost with a motivated seller, this represents a rare opportunity to acquire a stabilized, cash-flowing asset in today's competitive market.
Investment highlights include a Fortune 100 tenant in a proven industrial submarket offering exceptional stability and value. Strong in-place rents and significant long-term land value support this low-management, passive investment serving the thriving logistics and manufacturing sectors. Priced below replacement cost with a motivated seller, this represents a rare opportunity to acquire a stabilized, cash-flowing asset in today's competitive market.
Property Facts
| Price | $2,720,661 CAD | Lot Size | 13.50 AC |
| Price Per SF | $21.53 CAD | Rentable Building Area | 126,392 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 14.60% | Year Built | 1972 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 6 |
| Building Class | C | No. Drive In / Grade-Level Doors | 9 |
| Zoning | Commerical | ||
| Price | $2,720,661 CAD |
| Price Per SF | $21.53 CAD |
| Sale Type | Investment |
| Cap Rate | 14.60% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 13.50 AC |
| Rentable Building Area | 126,392 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | Commerical |
Property Taxes
| Parcel Number | 183-05-0-00-02-005.00-0 | Improvements Assessment | $459,514 CAD |
| Land Assessment | $12,337 CAD | Total Assessment | $471,851 CAD |
Property Taxes
Parcel Number
183-05-0-00-02-005.00-0
Land Assessment
$12,337 CAD
Improvements Assessment
$459,514 CAD
Total Assessment
$471,851 CAD
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