for lease: RETAIL/INDUSTRIAL · 2018-05-18 · FOR SALE OR LEASE: INDUSTRIAL SPACE Main:...

FOR SALE OR LEASE: INDUSTRIAL SPACE

All information furnished regarding property for sale or lease is from sources deemed reliable; but no warranty or representation is made as to the accuracy thereof and the same is submitted subject to errors, omissions, changes of price, rental or other conditions prior sale or lease, or withdrawal without notice. The purchaser and or leaser should conduct a careful, independent investigation of the property to determine if the property is suitable for your intended use.

KANSAS COMMERCIAL REAL ESTATE SERVICES INC. Main: 785.272.2525

435 S Kansas Ave, Suite 200 Topeka, Kansas 66604

www.KSCommercial.com

ED ELLER | Partner Direct: 785.228.5302 [email protected]

PROPERTY: 601 SE 5TH ST AND 512-514/518-520 SE ADAMS ST, TOPEKA, KS 66607

SALE PRICE: $1,150,000 (2 Parcels) ELECTRIC SERVICE: Westar Energy; 3 Phase, separate metered services LEASE RATE/SF/YR: $4.00-$5.75/sf/yr

TOTAL SIZE OF BUILDINGS: 96,327+/- sq. ft. WATER & SEWER SERVICE: City of Topeka TOTAL LOT SIZE: 45,835+/- sq. ft. / 1.05+/- acres GAS SERVICE: Kansas Gas Service YEAR BUILT: 1900’s TOTAL 2017 TAXES: $15,252.38 per Shawnee Co ZONING: I-2; Heavy Industrial DATA SERVICE: AT&T and Zayo Group have significant fiber backbones within a block and/or adjacent to buildings.

601building has CenturyLink Fiber connection on an AT&T circuit.

601 SE 5th ST and 512-514 SE ADAMS ST (Parcel 1): SALE PRICE: $609,475 Cash at closing LOT SIZE: 23,335+/- sq. ft. / 0.54+/- acres LEASE RATE/SF/YR: $4.00/sf/yr DRIVE-IN DOORS: 1-10’x10’ 2017 RE TAXES: $3,768.32 COLUMN SPACING: Varies BUILDING SIZE: 33,827+/- sq. ft. CEILING HEIGHT: 8’-16' PROPERTY FEATURES: Office and warehouse building complex, can easily be divided for 2-6 tenants. First floor north features mostly

open office with several private offices, breakroom, and conference room. Second floor north is open storage and basement with an inert gas fire protection system, backup generator, and supporting data center storage. Generator and fire suppression system included in sale. Two drive-in warehouses; one includes restroom and smaller climate controlled storage area with decent clear height.

518-528 SE ADAMS ST (Parcel 2): SALE PRICE: $790,000 Cash at closing DRIVE-IN/DOCK

DOORS: 1-12’x14’, 1-12’x12’, 4-8’x10’ dock high doors; 2 doors with levelers LEASE RATE/SF/YR: $4.25/sf/yr

2017 RE TAXES: $11,484.06 COLUMN SPACING: 18’6 N-S, 21’3” E-W BUILDING SIZE: 62,500+/- sq. ft. CEILING HEIGHT: 14’-19' LOT SIZE: 22,500+/- sq. ft. / 0.52+/- acres PROPERTY FEATURES: Large, three building warehouse complex, featuring a four-story storage warehouse with modern 8000lb freight

elevator, dock platforms, dock doors, small office with vault, full basement, and restrooms. Also included are two, interconnected grade-level buildings with excellent clear height, 2-large grade-level doors, and three dock-height doors with hydraulic levelers. Each building is separate metered for electricity. Four-story building has gas service.

OPTION (Parcel 2 Divided): 518 and 520 SE ADAMS ST: SALE PRICE: $315,500 Cash at closing LOT SIZE: LEASE RATE/SF/YR: $4.25-$5.75/sf/yr DRIVE-IN DOORS: RE TAXES (Est): $2,300.00 COLUMN SPACING: BUILDING SIZE: 12,500+/- sq. ft. CEILING HEIGHT: 14’-19' PROPERTY FEATURES: Two, interconnected grade-level buildings with excellent clear height, 2 large grade-level doors, and 3 dock-

height doors with hydraulic levelers. Each building has separate metered electricity.

http://www.kscommercial.com/








TENANT PAYS: Increases in real estate taxes and insurance over the base year, utilities, maintenance, janitorial, and utilities.

LANDLORD PAYS: Base year (2017) real estate taxes and insurance, roof and structural maintenance.

BUILDING & LOCATION FEATURES:

Very attractive early twentieth century brick buildings, some painted, others with exposed brick and concrete with a ton of vintage, vestiges including hand painted signs, rusty metal roofing, worn concrete, glass blocks, and lots of natural light in the four-story cast in place concrete building. Modern office space, very nicely appointed, could be divided into two separate spaces, and basement data center/vault could be separately leased.

This large industrial property occupies an entire city block and is located between the BNSF Rail yard and Downtown Topeka. The property has historically housed moving and storage businesses, including Topeka Transfer and Storage, Jayhawk File Storage and Stacks. The property consists of a six-building office and warehouse complex and can easily be divided for 1-10 tenants. The complex is a mixture of office, warehouse and data center storage space. North building contains generator and fire suppression system which is included in sale. Four drive-in warehouse buildings include a smaller climate controlled storage area, decent clear height (two warehouses with 17-19 ft. clear height), large grade-level doors, and multiple dock-high doors (land lease access); two with levelers and ventilation system.

POTENTIAL USES: The property is ideal for a vertically integrated company looking to house design, production and storage in a building that exudes industrial charm and character with a tremendous local history. The office building at 601 SE 5th was reportedly originally built as a local bakery. The remainder of the buildings have been variously used for storage of sensitive documents, furniture, and other valuables since they were constructed and as such are in good overall condition.

Aside from the obvious company headquarters, or office and industrial complex investment property, we think this property could be renovated for multiple uses including office, residential, data center for cloud servers, and creative spaces with combined work and living spaces. While this property is not located on Kansas Ave., it has an incredible view of Downtown Topeka, the BNSF Railyard, and is visible from I-70.

601 SE 5th & 512-514 SE ADAMS ST

518-528 SE ADAMS ST









ZAYO NETWORK MAP


for lease: RETAIL/INDUSTRIAL · 2018-05-18 · FOR SALE OR LEASE: INDUSTRIAL SPACE Main:...

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