2650 S 9th St - Fast Food FOR SALE


Salina, KS 67401
$1,901,000 USD
2650 S 9th St, Salina, KS for Sale
$1,901,000 USD
Fast Food - FOR SALE
1/9
null | 6.85% Cap Rate

2650 S 9th St
Salina, KS 67401


HIGHLIGHTS

  • 11-Year Absolute NNN Lease with Four (5-Year) Options at 7.50%; Zero Landlord Responsibilities
  • Experienced Operator with Strong Track Record; Kansas King, Inc. - 26 Units
  • Signalized Hard Corner with Excellent Visibility; Over 23,000 Cars Per Day at Intersection
  • Above Average Income of $85,000 Average Household Income Within 1 Mile
  • Strategic Location at the Intersection of I-70 & I-135; Key Hub for Logistics, Retail, and Services
  • Primary Retail Corridor; Surrounding Retailers include Walmart Super Center, Sam’s Club, Target, Lowes, Kohls, Hobby Lobby, Marshals

OVERVIEW

Excellent 1031 Exchange Property

FOR SALE DETAILS

PRICE

$1,901,000 USD

PRICE/SF

$451 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

087-35-0-10-01-008.00-0

ASK ABOUT THIS PROPERTY

Eric VuAnchor Point CapitalMore Info

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