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524 S Main St 3,741 SF Industrial Building Ulysses, KS 67880 $640,923 CAD ($171.32 CAD/SF) 7.92% Cap Rate
Investment Highlights
- Long-standing strong credit tenant: The U.S. Department of Agriculture (USDA) has occupied the property since it was constructed in 1990.
- The landlord is responsible for property taxes, insurance, utilities, janitorial services, restroom supplies, and building maintenance
- The tenant pays $19.44/SF for 3,026 net rentable square feet.
Executive Summary
The USDA (United States Department of Agriculture) is a U.S. federal government department responsible for agriculture, food, nutrition, rural development, forestry, and related areas. USDA Service Centers are local offices that provide farmers, ranchers, and agricultural producers with convenient access to USDA programs, services, loans, conservation assistance, and other federal agricultural resources.
The Ulysses Service Center is strategically located in Grant County, where agriculture is a significant part of the local and regional economy, providing USDA with a long-established presence in the agricultural community it serves.
Ulysses is the county seat of Grant County and serves as a regional center for agriculture.
The property is situated in the heart of downtown Ulysses along Main Street.
The Ulysses Service Center is strategically located in Grant County, where agriculture is a significant part of the local and regional economy, providing USDA with a long-established presence in the agricultural community it serves.
Ulysses is the county seat of Grant County and serves as a regional center for agriculture.
The property is situated in the heart of downtown Ulysses along Main Street.
Property Facts
| Price | $640,923 CAD | Rentable Building Area | 3,741 SF |
| Price Per SF | $171.32 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1990 |
| Cap Rate | 7.92% | Tenancy | Single |
| Property Type | Industrial |
| Price | $640,923 CAD |
| Price Per SF | $171.32 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.92% |
| Property Type | Industrial |
| Rentable Building Area | 3,741 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0683402002006010 | Improvements Assessment | $51,281 CAD |
| Land Assessment | $5,828 CAD | Total Assessment | $57,109 CAD |
Property Taxes
Parcel Number
0683402002006010
Land Assessment
$5,828 CAD
Improvements Assessment
$51,281 CAD
Total Assessment
$57,109 CAD
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524 S Main St
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