2310 S Cedar St - Retail FOR SALE


Ottawa, KS 66067
$2,320,000 USD
844-585-7682
2310 S Cedar St, Ottawa, KS for Sale
$2,320,000 USD
Retail - FOR SALE
1/5
null | 5.5% Cap Rate

2310 S Cedar St
Ottawa, KS 66067


HIGHLIGHTS

  • New 20-Year Absolute NNN Lease; Zero Landlord Responsibilities
  • 5% Increases Every 5 Years
  • Long-Term Track Record at the Subject Property (30-Year Operating History)
  • Hard-Corner Signalized Intersection of 23rd Street and Princeton Street (16,500 CPD)
  • Direct Access to I-35 with Freeway Visibility: I-35 connects the subject property to Wichita and to Kansas City and the rest of the metro area
  • Ottawa is the County Seat of, Franklin County, Kansas; The City is Located Between Wichita (2-Hour Drive) and Kansas City (1-Hour Drive)

OVERVIEW

New 20-Year Absolute NNN Lease | 30-Year Operating History & Recent Rebuild | Direct Access to I-35 with Freeway Visibility

FOR SALE DETAILS

PRICE

$2,320,000 USD

PRICE/SF

$776 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's | Ottawa, KS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

C2

APN/PARCEL ID

136-13-0-00-02-006.00-0

ASK ABOUT THIS PROPERTY

Jeff LefkoHanley Investment GroupMore Info
844-585-7682

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Jeff LefkoHanley Investment GroupMore Info
844-585-7682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.