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    FOR LEASE
    Strip malls

    1620 Fort Riley Blvd, Manhattan, KS 66502

    12,271 SF 0.87 ac lot Built 2009
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US33-0786865
    Property summary
    AI-generated overview

    Prime Manhattan, Kansas executive office space available for lease at Parkwood Center, situated at a high-traffic intersection (17th & Fort Riley Boulevard) boasting over 25,000 vehicles per day. This 1,750 square foot space is part of a thriving neighborhood shopping center, offering excellent visibility and accessibility. The center enjoys a diverse tenant mix, including established food service providers, a grocery store, and a fitness center, creating a vibrant and convenient environment for employees and clients. Its location adjacent to a popular hotel further enhances its appeal and accessibility. This multiple-tenancy building offers a well-established retail and office environment within Riley County. The space is ideal for businesses seeking a prominent location with high foot traffic and convenient amenities. The property's strategic placement ensures maximum exposure and easy access for both employees and customers. This is a rare opportunity to secure a well-positioned executive office suite in a bustling commercial center. Inquire today to learn more about lease terms and availability.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2009
    Total area 12,271 SF
    Lot 0.87 ac (37,897 SF)
    APN 204-18-2-60-31-005.01-0
    UPID US33-0786865
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 9Round Kickboxing Fitness Gym & Fitness Center
    • Bike Tek (Bike/Boat/Book/etc) Store
    • Full House Chinese Restaurant Restaurant
    • Cinco De Mayo Mexican Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $600k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $740k
    Blend (final) Blend
    $670k
    Owner & transaction history
    JONES, SHAWN A TRUST
    JONES, SHAWN A TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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