Catylist ID: #30739208
Delano Development Land
Vacant Land for Sale
|Catylist Listing ID:||30739208|
|Property Subtypes:||Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other|
|Gross Land Area:||7,548 SF|
|Unit Price:||$8.28 PSF|
|In Opportunity Zone?||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
Opportunity to purchase land in the Delano District that has seen more than $200 million in development and more than $150 million in planned developments.
- Layout approved for multiple drives onto 2nd Street, allowing for multi-family development (4-8 units), a flex space warehouse, or different use.
- Billboard Lease has 3.5 years remaining on current term.
- Options run until 2035 with 10% rental increases every 5 years.
- Current Billboard Lease Income: $1,098/year
Attachments & Media
|Zoning Description:||GC - General Commercial|
|Proximity:||1 mile||3 miles||5 miles|
Drew GannonNAI Martens KSCRE Member
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