4903 10th St - Freestanding FOR SALE


Great Bend, KS 67530
$1,175,000 USD
949-903-3399
4903 10th St, Great Bend, KS for Sale
$1,175,000 USD
Freestanding - FOR SALE
1/3
null | 6.81% Cap Rate

4903 10th St
Great Bend, KS 67530


HIGHLIGHTS

  • Brand New 10 Year Corp. Lease by Harbor Freight & Tool- Grand Opening Scheduled for April 25
  • The Fastest Growing Tool Retail Stores in the World- 1300+ Stores/48 States- 40M Customers
  • Anchor Tenant- Part of Village Mall Shopping Center- Prominent Site along Hwy 56/Near Walmart
  • Growing Community in the Heart of Kansas/Center of State- Located Minutes from the Airport
  • Rare Smaller Price Point for Investment Grade Tenant- Low Replaceable Rent- Large 1.37 Acre Parcel
  • Minimal LL Duties- Brand New Roof with 15 Year Warranty (Labor & Materials)- Large Parking Field

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase a corporate single tenant NNN retail investment occupied by Harbor Freight Tools in Great Bend, KS. With a brand new 10-year lease, five 5-year option periods, and 10% rent increases every option period, this asset provides years of inflation resistant income. Positioned on a 3.6 Acre parcel, the 19,663 SF building is part of the Village Mall Shopping Center and is easily accessible from Eisenhower Avenue and 10th Street (Kansas-156). Harbor Freight Tools Operates over 1,300 stores in 48 states and is an industry leader in providing high-quality tools at the lowest prices with the next closest location over an hour away. Nearby Retailers Include Walgreens, Sonic, Burger King, Dollar Tree, Arron’s Furniture, Sutherlands Home Improvement, Orscheln Farm & Home, and Credit Union of America. This is an excellent opportunity to own a single tenant retail asset with a corporate tenant on a new lease, 25 years in options, and 10% rent increases every option period.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

6.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Freight Tools

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

N/Av, Great Bend

APN/PARCEL ID

189-31-0-10-02-005.00-0

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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

Eric CarltonColliersMore Info
949-903-3399

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