Retail For Lease - Historic District Arkansas City

Retail-Commercial for Lease
Catylist Listing ID: 30592343
Property Subtypes: Street Retail
Contiguous Space: 13,200 SF
Gross Building Area: 13,200 SF
Lease Rate: $2 PSF (Annual)
Base Monthly Rent: $2,200
Lease Types: Net Lease
Building Name: Gordmans Building
Usable Size (USF): 13,200 SF
Last Updated: 9/16/2020

Overview / Comments

Former Gordmans retail store located in the Historic District of Downtown
Arkansas City, KS. 13,200sf of main floor retail with basement & elevator for storage. Curb side parking on Summit Street (U.S. Hwy 77) with plate glass window and 2 entries plus back entry into store from additional public parking lot. Building has been occupied since 1988 and Gordmans departure is because of corporate consolidation across the country. Owners of the building installed a new roof in 2017 and there's newer HVAC. Well maintained building that has excellent traffic and visibility with numerous business possibilities. Existing clothing sales are excellent per verbal reports with the only regional option being Walmart. Very low base rental rate of $2,200.00 per month plus nets of $1,195.00.

Expand All Available Space

Suite: 1 13,200 SF $2 PSF (Annual) Net Lease
Level/Floor: Main Street Level
Space Available: 13,200 SF
Lease Rate: $2 PSF (Annual)
$2,200 (Monthly)
Lease Type: Net Lease
Date Available: 5/1/2020
Space Type: New
Tax Expenses $633.67 PSF (Annual)
Operating Expenses $568.95 PSF (Annual)

Additional Details

Nearest MSA: Winfield
County: Cowley
Taxing Authority: Cowley County
Tax ID/APN: 0182993003016006000
Retail Clientele: General, Family, Traveler
Property Located Between: Between 5th and Washington Streets on Summit
Property Visibility: Excellent
Largest Nearby Street: Summit Street (the main street in in Ark City)
Highway Access: Summit Street is the main street of Arkansas City and is U.S. Highway 77 going north to Winfield, KS and south to Newkirk, OK.
Site Description: Historic Commercial District Building in Downtown Arkansas City. Centrally located between Winfield and Newkirk and with regional drawing of consumers.
Area Description: Summit Street is the main street of Arkansas City and is U.S. Highway 77 going north to Winfield, KS and south to Newkirk, OK. Variety of businesses and banking.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 13,200 SF
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Plate glass store front on brick building with newer roof.
Parking Type: Surface
Parking Description: Curb side on Summit and public parking behind building with rear entrance.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,790 13,092 13,848
Median Age: 30.67 34.89 35.31
Households: 2,458 5,049 5,344


Photograph of Listing Agent

Rob Pestinger

Plaza Commercial Real Estate
KSCRE Member
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