| LISTING TITLE: KCC | CITY: Topeka |
| MLS: na | ADDRESS: 1500 SW Arrowhead |
| PROPERTY TYPE: Single tenant office | SQUARE FEET: 38,551 |
| NUMBER OF UNITS: one | NUMBER OF FLOORS: 3 |
| PARKING: 181 | LEASE TYPE: 15 year |
| GROSS INCOME: 504,000 | NOI: 365,000 |
| CAP RATE: 7 | LISTING PRICE: 5,214,000 |
| AGENT: Lewis |
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Description: 15 year leased office building with the Kansas Corporation Commission and the State of Kansas. Modified gross lease with tenant paying real estate taxes and operating costs adjusted every 5 years. NOI history of $353,000 to $372,000 over the past 4 years. |
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