BrandSafway
Single-Tenant Offerings
BrandSafway
508 S 14th St,.
Kansas City, KS
- Price:
- $4,058,000
- Cap Rate:
- 6.00%
- NOI:
- $243,492
- Rentable SQFT:
- 19,300 SF
- Year Built:
- 1939 / 2020
- Lot Size:
- 3.85 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- 8+ Years Remaining with Increases Every 5 Years, Limited Landlord Responsibilities
- Strong Corporate Guaranty, 360+ Locations Across 30 Countries with More Than $5 Billion in Annual Revenue
- BrandSafway was Valued at $6.7 Billion in 2019 when Brookfield Business Partners Bought 45% of the Company
- Industry Leading Global Provider of Access and Scaffolding Systems, Forming, Shoring, and Industrial Services to the Industrial, Commercial, and Infrastructure Markets
- Strategic Location, Relocation of High-Performing/Undersized Facility Nearby
- All-Brick Building on Oversized 3.85-Acre Lot, Significant Capital Investment by Tenant and Landlord Improving the Property
- Infill Trade Area Just West of Downtown Kansas City, Over 200,000 Residents within a 5-Mile Radius
- In the Heart of Dense Industrial District, Very Low Vacancy Rate and High Absorption Levels
- Significant Supply Shortage for Tenants Under 20,000 SF in Armourdale District is Pushing Rents Higher
- Close Proximity to I-35, I-70, I-270, I-435, and I-635, Excellent Transportation Infrastructure with Quick Access to All Metro Intermodal Centers
- Strong Daytime Population, Over 203,000 Employees in the Immediate Trade Area
- 3.5 Miles to the University of Kansas Medical Center Campus and Hospital with 2.4 Million SF and 6,827 Employees
- Minutes to NASCAR’s Kansas Speedway and the Hollywood Casino Attracting Millions of Visitors Annually
- Just West of the National WWI Museum and Memorial (564,000 Visitors/Year) and LEGOLAND Discovery Center (600,000 Visitors/Year)
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