20560 W 47th ST Active Save Request In-Person Tour Request Virtual Tour
Shawnee,KS 66218
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2549289
Year Built 1984
Annual Tax Amount $24,000
Lot Size 5.370 Acres
Property Sub-Type Industrial
Property Description
20560 W 47th St presents a rare flex investment opportunity featuring two leased buildings and two additional sheds on a spacious 5.37-acre lot, fully occupied by Village Pet Care DBA Broadmore Pet Retreat, now in the second year of a 10-year lease. Both buildings have new roofs with transferable warranties (August 2024), and the two on-site sheds offer potential for additional rental income to boost NOI. The expansive lot allows for future development or new construction, providing significant upside for investors. Prior to closing, the seller will replace older HVAC units, asphalt the gravel areas, resurface the parking lots, and install a bridge over the ravine to improve access and functionality. With a reliable long-term tenant in place and multiple value-add components, this property offers immediate income and long-term growth potential.
- Predictable revenue growth with 2% annual increases to the base rent every July
- Stable Tenant in their second year of a 10-year Lease
- Seller to replace older HVAC units, asphalt gravel, resurface parking lot, and install bridge over the ravine prior to closing
- Tenant is financially backed by General Atlantic who owns 20+ locations
- 4 Buildings Total: 5,250 SF, 3,000 SF, and 2 large sheds on a 5.37 AC lot
Location
State KS
County Johnson
Zoning AG
Exterior
Utilities Available Electricity Available,Water Available
Building
Story 1
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Other,Private Financing Available
Listing Terms Cash,Conventional,1031 Exchange,Other,Private Financing Available