401 E Poyntz Ave - Retail FOR SALE


Manhattan, KS 66502
$21,000,000 USD
816-808-2540
401 E Poyntz Ave, Manhattan, KS for Sale
$21,000,000 USD
Retail - FOR SALE
1/19
null | 6.88% Cap Rate

401 E Poyntz Ave
Manhattan, KS 66502


HIGHLIGHTS

  • Fully Leased Shopping Center | 100% National Retailers
  • 100% National Retailers | Perfect Tenant Mix For Area Demographics
  • Tenant Longevity | 5.43 Average Years Remaining / 6.9 Average Years in Place
  • Manhattan's Highest National Retailer Concentration
  • Long-term NNN Structure
  • Ideal Accessibility Along Poyntz Avenue / US-24 Hwy

OVERVIEW

Crossroads Real Estate Group is pleased to present the exclusive listing of Plaza De Maria, a premier retail investment opportunity in Manhattan, Kansas. The property is a meticulously maintained 119,087-square-foot shopping center anchored by Academy Sports + Outdoors and fully leased to a lineup of five nationally recognized retailers, including Boot Barn, Ross Dress for Less, Five Below, and Old Navy. The center offers investors secure, stable cash flow with a diverse mix of creditworthy tenants and minimal near-term rollover exposure. Strategically positioned within the thriving Greater Manhattan trade area, the property benefits from strong regional draw, steady population growth, and proximity to major transportation routes providing excellent accessibility. This location serves as a retail destination for residents throughout Manhattan and the surrounding counties, supported by the area's university presence, expanding employment base, and strong retail fundamentals.

FOR SALE DETAILS

PRICE

$21,000,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

6.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

482

LAND DETAILS

LAND ACRES

9.35 AC

LAND SF

407,286 SF

ZONING

PUD

APN/PARCEL ID

314-17-0-20-01-012.00-0

ASK ABOUT THIS PROPERTY

Holly Larrison Mills, MAI, CCIMCrossroads Real Estate GroupMore Info
816-808-2540

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Holly Larrison Mills, MAI, CCIMCrossroads Real Estate GroupMore Info
816-808-2540

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