The property is across from Target and 0.75 miles away from Schulman Crossing (400,000 SF neighborhood shopping center; 2.9 million annual visitors)
New Long-Term Corporate Leases | Western Kansas’ Primary Retail Hub | Rare Passive Investment Where Kohl’s Maintains the Entire Property
Burlington - 22,451 SF.
Long-Term Corporate Lease (NYSE: BURL) | Western Kansas’ Primary Retail Hub | 2024 Renovation; New Prototype Burlington
New 10.5+ Year Lease; 10 Years Remaining
$0.50/SF Increases in Year 11 and in Each of the Four 5-Year Options
Corporate-Guaranteed Lease, Brand-New 2024 Renovation, Burlington Reported Strong Q4 2024 Results - Total Sales Increased 10% and FY2024 Saw Total Sales Growth of 11%
Kohl's - 42,214 SF
Corporate Lease | Below-Market Rent | Western Kansas’ Primary Retail Hub | Target Shadow-Anchored; Only Target in 200 Miles
Davita Dyalisis - 7,588 SF.
Tenant recently exercised its first 5-year option; 4+ years remaining
Below-market rent of $5.60 PSF