4201 Anderson Ave

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4201 Anderson Ave

manhattan, KS 66503
Asking Price
$2.31M
Asset Type
Office
Class
Class B

What's Special

4201 Anderson Avenue is situated in the western office corridor of Manhattan, Kansas. The property is located near the intersection of Anderson Avenue and Scenic Drive, providing direct access to major local thoroughfares. The surrounding neighborhood features a mix of professional service firms, residential developments, and retail centers. Nearby amenities include various dining options, grocery stores, and fitness centers within a two-mile radius. The location offers convenient vehicle access to both the Kansas State University campus and the regional airport. This office asset is suited for professional services, such as insurance agencies, law firms, or medical administrative offices. The floor plan supports configurations for private offices, collaborative workspaces, and client reception areas. Typical tenants for this location include established local businesses and regional satellite offices seeking a presence outside the downtown core. The property provides on-site parking and accessible entry points, catering to businesses that prioritize convenience for both staff and visiting clients.

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NOI
$80,000
Cap Rate
3.46%
DSCR
0.58
Underwater
Cash-on-Cash
-8.27%
Monthly Payment
$11,448.459
Annual Cash Flow
$-57,381.507

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