3010 W 18th Ave
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3010 W 18th Ave
5,204 SF 100% Leased Office Building Emporia, KS 66801 $1,754,389 CAD ($337 CAD/SF) 7.50% Cap Rate
Investment Highlights
- Essential service providers ensuring tenant stability
- Leases guaranteed by the U.S. Government
- Long-term leases with minimal landlord responsibilities
Executive Summary
Prime Investment Opportunity: SSA Property in Emporia, Kansas
Discover a unique investment opportunity with the Social Security Administration (SSA) property located at 3010 W 18th Ave, Emporia, KS 66801. This property is ideal for investors seeking stable, long-term returns backed by the federal government.
Stable and Secure Investment
The SSA property features a new 10-year lease commencing on March 1st, 2024. The Lease is guaranteed by the U.S. Government, providing exceptional security and reliability.
Strategic Location and Demographics
Located in the heart of Emporia, this property benefits from strong local demographics and strategic positioning. Emporia is a key regional hub in Kansas for the Social Security Administration, providing services for Kansas residences who reside between the two nearest SSA locations along the I-35 corridor, in Topeka to the North and Wichita to the south.
Essential Service Providers
The Social Security Administration provides essential services to the community, making the property an integral part of the local infrastructure. This significance can contribute to its long-term viability and importance within the area.
Discover a unique investment opportunity with the Social Security Administration (SSA) property located at 3010 W 18th Ave, Emporia, KS 66801. This property is ideal for investors seeking stable, long-term returns backed by the federal government.
Stable and Secure Investment
The SSA property features a new 10-year lease commencing on March 1st, 2024. The Lease is guaranteed by the U.S. Government, providing exceptional security and reliability.
Strategic Location and Demographics
Located in the heart of Emporia, this property benefits from strong local demographics and strategic positioning. Emporia is a key regional hub in Kansas for the Social Security Administration, providing services for Kansas residences who reside between the two nearest SSA locations along the I-35 corridor, in Topeka to the North and Wichita to the south.
Essential Service Providers
The Social Security Administration provides essential services to the community, making the property an integral part of the local infrastructure. This significance can contribute to its long-term viability and importance within the area.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,204 SF
Building Class
C
Year Built
2004
Price
$1,754,389 CAD
Price Per SF
$337 CAD
Cap Rate
7.50%
NOI
$131,579 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,204 SF
Building FAR
0.17
Lot Size
0.70 AC
Zoning
C-2
Parking
35 Spaces (6.73 Spaces per 1,000 SF Leased)
Amenities
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 193-05-0-30-01-012.01-0 | Improvements Assessment | $97,453 CAD |
| Land Assessment | $93,353 CAD | Total Assessment | $190,806 CAD |
PROPERTY TAXES
Parcel Number
193-05-0-30-01-012.01-0
Land Assessment
$93,353 CAD
Improvements Assessment
$97,453 CAD
Total Assessment
$190,806 CAD
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3010 W 18th Ave
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