In August of 2022, Emerald Creek Capital provided a $9,400,000 acquisition loan to a repeat borrower in Colby, KS. The loan is secured by a newly constructed 39,168 square foot warehouse and distribution facility on an 8-acre site, long-term NNN-leased to FedEx. The subject property features 18′ clear height ceilings, 22 drive-in doors, 3 dock-high doors, and 4,594 square feet of office space. There are 45 surface parking spaces, 10 van spaces, and 10 long trailer spaces. Colby is an optimal location for distribution, centrally located between urban centers including Wichita, KS, Denver, CO, and Kansas City, MO. The subject property is situated at the intersection of Route 24, Route 25, and Interstate 70, a major east-west highway that provides access to numerous interstate and regional highways.
For more information, please contact:
Mike Cleaver, Managing Director
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