Fort Scott Retail Center For Sale

Shopping Center for Sale
Catylist Listing ID: 30766057
Property Subtypes: Neighborhood Center, Outlet Center, Regional Mall, Strip Center
Building Size (RSF): 64,336 SF
Gross Building Area: See Agent
Gross Land Area: 404,028 SF
Sale Price: $3,300,000
Unit Price: $51.29 PSF
Property Use Type: Investment
Building Name: Fort Scott Center
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Last Updated: 10/19/2021

Overview / Comments

· Tractor Supply Co anchored center

· Diverse tenant mix: Rent-A Center, Cobalt Medical Plans, Hibbett Sports, Cash-2-GO, and Tractor Supply

· Abundant parking and excellent highway visibility

· Former Walmart converted into multi-tenant retail center

· Located in a Community Improvement District increasing
cash-flow for landlord

· Positioned on Highway 69, a major North-South corridor through
Eastern Kansas

Attachments & Media

Financials

Finance Data Year 2021
Net Operating Income $201,842 (Annual)

Current Tenants

Tenant Business Name Tractor Supply
Tenant Business Name Cobalt Medical Plans
Tenant Business Name Hibbett Sporting Goods
Tenant Business Name Cash 2 Go
Tenant Business Name Rent A Center
Tenant Business Name Momentum Training

Additional Details

Nearest MSA: Pittsburg
County: Bourbon
Tax ID/APN: 0062030604001008000
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: Pittsburg and Kansas City
Property Visibility: Excellent
Highway Access: Highway 69
Property Condition: Good
Year Built: 1991
Construction/Siding: Block

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 696 8,344 10,067
Median Age: 46.57 37 37.45
Households: 340 3,360 4,033
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