200 Main St Mulvane, KS 67110-1765
This Class A, 1,748 sq ft office building in downtown Mulvane, Kansas, presents a compelling investment opportunity. Located at 200 W Main St, 67110, this single-tenant property boasts a 100% occupancy rate with Edward Jones, a financially strong tenant who recently exercised a five-year lease renewal. The building features a newly installed TPO roof. The asking price is $199,000, representing a strong 8.4% capitalization rate and a price per square foot of $113.84. The annual net rent is $16,800, under a NNN lease structure. The property's prime location in the heart of Mulvane places it amongst thriving local businesses, including bakeries, restaurants, and various retail shops. This presents a stable, income-producing asset with a long-term tenant in a vibrant and growing community. The building is a corner lot, offering excellent visibility and accessibility. This is an exceptional opportunity for investors seeking a low-risk, high-return investment in a desirable Kansas market. The property is a single building on a single lot.
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Edward Jones - Financial Advisor: Brandon Frazier Financial Advisor
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Primerica Financial Services Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.