HOK Sport + Venue + Event Headquarters
Unit 2 of 300 Wyandotte Kansas City, MO 64105
Loaded Purchase Price: $22,150,000
Equity Offering Amount: $8,600,000
- Minimum Equity Investment: $250,000
- Loan: $13,550,000
- Loan to Value: 61.2%
- Allocated Debt: $393,895
Completed in 2005 and located in the River Market area of downtown Kansas City, the HOK Sport + Venue + Event Headquarters Building is a showpiece.
Unit 2 of 300 Wyandotte Kansas City, MO
HOK designed every key aspect of its headquarters building, paying special attention to the smallest details and using the highest grade finishes. HOK, the world’s leading architecture firm of public use space, leases 76,546 square feet, or 81 percent, of the Property.
PROPERTY PROFILE
Completed in 2005 and located in the River Market area of downtown Kansas City, the HOK Sport + Venue + Event Headquarters Building is a showpiece. HOK designed every key aspect of its headquarters building, paying special attention to the smallest details and using the highest grade finishes. HOK, the world’s leading architecture firm of public use space, leases 76,546 square feet, or 81 percent, of the Property. Leasing the remaining space are four other tenants including a law firm, an architectural group, a technology company and an engineering firm. Only 19 percent of the rentable area expires in the next seven years.
- Address: Unit 2 of 300 Wyandotte Kansas City, MO 64105
- Property Type: Office
- Site: 51,863 square feet
- Rentable Building Area: 94,846 square feet
- Year Completed: 2005
- Occupancy: 100%
THE FINANCIALS
- Structure: Property Management
- Loaded Purchase $22,150,000
- Equity Offering Amount: $8,600,000
- Minimum Equity Investment: $250,000
- Loan: $13,550,000
- Loan to Value: 61.2%
- Allocated Debt: $393,895
- Term: 10 years
- Interest Only Period: 4 years
- Rate: 6.65%