ANDOVER RETAIL INVESTMENT

Retail-Commercial for Sale
Catylist Listing ID: 30446321
Property Subtypes: Restaurant, Retail-Pad
Building Size (RSF): 7,200 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $138.89 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/21/2019

Overview / Comments

INCOME PRODUCING - TWO SUITES - GREAT VISIBILITY
Lot Size: 42,340.50 +/- SF or 0.97 +/- acres
Building Size
• Suite 1 - 3,600 +/- SF (Flint Hills Wine & Spirits)
• Suite 2 - 3,600 +/- SF (Poplar Pizza)
Annual Lease Net Income: $90,000 per year ($3,750.00/month per Suite)
Ground Lease/Sign Income: $3,600/year ending 2020
2018 Taxes: $24,151.98
Year Built: 1993
Zoning: B-5
Exterior: Concrete Block Textured

Additional Details

Nearest MSA: Wichita
County: Butler
Tax ID/APN: 3093001001001010

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,561 20,416 44,464
Median Age: 34.35 38.45 37.6
Households: 1,606 7,164 15,533

Contact

Photograph of Listing Agent

Jake Steven

ReeceNichols South Central kansas Commercial
KSCRE Member
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