104 S Broadway St - Freestanding FOR SALE
Leavenworth, KS 66048 |
$1,561,000 USD
650-678-7200
104 S Broadway St
Leavenworth, KS 66048
HIGHLIGHTS
- Over 6 years remaining in the base term that features a 4.3% rental increase on 4/1/2029
- Below market rent ($9.50/SF) and low price per foot ($135.74)
- No remaining options presenting a re-lease scenario at or above market rental rates
- Located at the signalized hard corner intersection of S Broadway Street and Shawnee Street
- Tenant has been at the location since 2003, demonstrating consistent performance and dedication to the market
- Only Goodwill location within a 15-mile radius
OVERVIEW
Over 6 years remaining in the base term of the lease, which features a rental increase in 2029 and no remaining options, providing upside potential in a re-lease scenario at market rental rates. The tenant has operated at this location for nearly 23 years and is the only Goodwill location within a 15-mile radius, demonstrating consistent performance and dedication to the market.
FOR SALE DETAILS
PRICE
$1,561,000 USD
PRICE/SF
$136 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Goodwill
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.57 AC
LAND SF
68,389 SF
ZONING
AE
APN/PARCEL ID
077-35-0-10-01-001.00-0
ASK ABOUT THIS PROPERTY
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650-678-7200
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650-678-7200
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