SINGLE TENANT NNN Investment

Retail-Commercial for Sale
Catylist Listing ID: 30661244
Property Subtypes: Free-Standing Building
Building Size (RSF): 9,800 SF
Gross Land Area: 32,575 SF
Sale Price: $1,100,000
Unit Price: $112.24 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/24/2020

Overview / Comments

LOCATED NEAR I-135 BETWEEN SALINA KANSAS & WICHITA, KANSAS
NOI BEGINNING JANUARY 2021: $ 86,600
SURROUNDED BY REGIONAL RETAILERS
STRONG LOCAL SALES VOLUME COMBINED WITH WAREHOUSE SPACE SERVING OTHER REGIONAL MATTRESS HUB LOCATIONS
RARE SINGLE TENANT INVESTMENT OPPORTUNITY IN STABLE MARKET

Financials

Finance Data Year 2020
Net Operating Income $86,600 (Annual)
Actual or Proforma Year Proforma

Current Tenants

Tenant Business Name The Mattress Hub
Industry Type Retail Trade
SF of Space Occupied 9,800 SF

Additional Details

Nearest MSA: McPherson
County: McPherson
Tax ID/APN: 0591372602006002020
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2015
Total Parking Spaces: 35
Parking Type: Surface

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 614 12,872 13,640
Median Age: 36.93 39.77 39.85
Households: 289 5,383 5,703
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kansas Commercial Real Estate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.