612 N Mulberry Rd, Derby, KS, 67037

612 N Mulberry Rd, Derby, KS, 67037 < >
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for sale
$1,400,000
Lot Size:1.23 Acres
Year Built:2001
Status:Active
MLS #:565634
Date Updated:
For information contact:
Peggy Griffith
316-425-2827
SP00233063
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Go See This Property
Commercial office space for Sale. Great opportunity for a 1031 Exchange, owner occupied office, or an investment! Built in 2001 with great quality and in a great location. Madison and Rock intersection has 28,000+ traffic count daily. Site is 53,384 sq ft or 1.23 acres and includes two separate office buildings that house 6 individual spaces. Building #1 is 5,292 sq ft and building #2 is 4,106 sq ft. 65 total parking spaces. Long-term tenants include: American Family, Edward Jones, Premier Global Corp, Kemp Construction/Fairway Mortgage, Wheatland Acupuncture, and Shearmania Hair Salon. CAP Rate: 7.61% Rent Revenue: $152,412/yr -2018 Property Taxes: $39,076/yr -Insurance: $2,233/yr -Utilities: $4,500/yr Derby-Award Winning Community. Over the years, Derby has a received number of recognition's for its aquatic park, Rock River Rapids, and for being a great place to retire and find affordable housing. Derby has experienced 44% growth since 2010. Ranked #4 "best cities to buy a home in the U.S.", ranked #6 for "Most successful cities in Kansas", and ranked #3 for "Safest cities in Kansas".
Interior Details
COOLING: Central Air, ElectricHEATING: Forced Air, Gas
# of Stories: 1ELECTRICAL: 110 Volt, 220 Volt
FLOORS: Carpet, Tile, WoodMISCELLANEOUS FEATURES: None
SIDEWALL HEIGHT: NoneApx Gross Building SqFt: 9398
Apx Max Contiguous SqFt: 5292Apx Min Available SqFt: 9398
Apx Vacant SqFt: 0

Exterior Details
ROOF: AsphaltUTILITIES AVAILABLE: Gas, Electric, City Water, City Sewer
CONSTRUCTION: Brick Veneer, StuccoLOADING DOCK: None
OVERHEAD DOORS: NonePARKING: Parking Lot, Parking Over 25, Paved
RAIL: NoneROAD FRONTAGE: City Secondary
Land SqFt: 53384Number of Acres: 1.23

Community Information
Area: 950 - DerbyCounty: Sedgwick
LOCATION: Mixed UseDirections: From Rock Rd and Madison, head West on Madison. Turn North on Mulberry. Property is on your right at 612 N Mulberry.

Property Information From MLS Data
Year Built: 2001FLOOD INSURANCE: Unknown

Financial Information
OWNER PAID EXPENSES: External Building Repairs, Internal Building RepairTENANT PAID EXPENSES: Electricity, Gas, Janitorial, Sewer, Water
Gross Income: 152412Sale/Rent: For Sale
OWNERSHIP: IndividualTERMS OF LEASE: Existing Leases
Parcel ID: 20173-233060440300100General Property Taxes: 39075.99
General Tax Year: 2018

Walk Score® for 612 N Mulberry Rd

This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. © 1993-2019 South Central Kansas Multiple Listing Service, Inc. All rights reserved.
Information obtained from KSSCKMLS is current as of 12/15/2019 8:08 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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