Catylist ID:
#30535271
Family Dollar Anchored Strip Center
Shopping Center
for Sale
| Catylist Listing ID: | 30535271 |
| Property Subtypes: | Mixed Use, Strip Center |
| Building Size (RSF): | 28,443 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3.18 Acres |
| Sale Price: | $1,900,000 |
| Unit Price: | $66.80 PSF |
| Property Use Type: | Investment |
| Building Name: | Park City Mall |
| Sale Terms: | Undisclosed |
| Cap Rate: | 9.72% |
| Last Updated: | 1/8/2021 |
Overview / Comments
|
- Location: 61st & Hydraulic, Park City, KS - Less than 4 miles from the new 1,000,000 square foot Amazon warehouse and new Crosswind Casino - In Place NOI: $184,678 - Tenants: Family Dollar, Anita's Mexican Restaurant, Ray's Food Express, Park City Barber, Sit N Spin Laundromat, State Farm Insurance, Hometown Rentals and Sew Works - 2019 Taxes: $36,096 - Recently renovated (new roof 2018/2019) - New 10-year lease with Family Dollar in 2018* - New 5-year lease with Hometown Rental March 2019 - Multiple HVAC units replaced in 2018/2019 - New monument sign in 2018 *Termination right if gross sales do not exceed $1,300,000 during 12 months prior to 4/30/2023 |
Attachments & Media
Current Tenants
| Tenant Business Name | Family Dollar, Inc. |
| Is Renting? | Yes |
| SF of Space Occupied | 9,317 SF |
| Tenant Business Name | Cancun Mexican Cantina |
| Is Renting? | Yes |
| SF of Space Occupied | 3,754 SF |
| Tenant Business Name | Arbuckle Mountain Fried Pies |
| Is Renting? | Yes |
| SF of Space Occupied | 1,411 SF |
| Tenant Business Name | Park City Barber |
| Is Renting? | Yes |
| SF of Space Occupied | 808 SF |
| Tenant Business Name | Sit N Spin Laundromat |
| Is Renting? | Yes |
| SF of Space Occupied | 1,200 SF |
| Tenant Business Name | State Farm Insurance |
| Is Renting? | Yes |
| SF of Space Occupied | 2,273 SF |
| Tenant Business Name | Hometown Rentals |
| Is Renting? | Yes |
| SF of Space Occupied | 5,280 SF |
| Tenant Business Name | Sew Works |
| Is Renting? | Yes |
| SF of Space Occupied | 4,000 SF |
| Tenant Business Name | Family Dollar, Inc. |
| Is Renting? | Yes |
| SF of Space Occupied | 9,317 SF |
| Tenant Business Name | Cancun Mexican Cantina |
| Is Renting? | Yes |
| SF of Space Occupied | 3,754 SF |
| Tenant Business Name | Arbuckle Mountain Fried Pies |
| Is Renting? | Yes |
| SF of Space Occupied | 1,411 SF |
| Tenant Business Name | Park City Barber |
| Is Renting? | Yes |
| SF of Space Occupied | 808 SF |
| Tenant Business Name | Sit N Spin Laundromat |
| Is Renting? | Yes |
| SF of Space Occupied | 1,200 SF |
| Tenant Business Name | State Farm Insurance |
| Is Renting? | Yes |
| SF of Space Occupied | 2,273 SF |
| Tenant Business Name | Hometown Rentals |
| Is Renting? | Yes |
| SF of Space Occupied | 5,280 SF |
| Tenant Business Name | Sew Works |
| Is Renting? | Yes |
| SF of Space Occupied | 4,000 SF |
Additional Details
| Nearest MSA: | Wichita |
| County: | Sedgwick |
| Tax ID/APN: | 087092090440500200 |
| Zoning: | C-1 CENTRAL BUSINESS DISTRICT |
| Retail Clientele: | General |
| Property Located Between: | Hydraulic and I-135 |
| Property Visibility: | Excellent |
| Largest Nearby Street: | 61st St N |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,180 | 22,325 | 72,956 |
| Median Age: | 31.46 | 36.38 | 35.71 |
| Households: | 2,987 | 8,311 | 28,161 |
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