605 W Crawford St - Fast Food FOR SALE


Clay Center, KS 67432
$570,000 USD
312-548-6822
605 W Crawford St, Clay Center, KS for Sale
$570,000 USD
Fast Food - FOR SALE
1/7
null | 6.5% Cap Rate

605 W Crawford St
Clay Center, KS 67432


HIGHLIGHTS

  • Long-Term Sale Leaseback
  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strong Store Sales
  • Strategic Retail Location
  • Retail Trade Area

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a single tenant Subway investment property located at 605 W Crawford Street in Clay Center, Kansas (the “Property”). The Property consists of a single-story, 1,472 square-foot building on 0.55 acres. Subway will sign a new 15-year Absolute NNN Lease with three (3), 5-year renewal options at the close of escrow. The lease features attractive 10% rent increases every five years throughout the primary lease and at the start of each renewal option. Subway benefits from a prominent location along W Crawford Street (US Highway 24), an established commercial corridor in Clay Center. The immediate area includes a diverse mix of retail, restaurant, grocery, service, and agricultural-related businesses, including nearby Dollar General, Ray's Apple Market and AGI - Hutchinson Mayrath. This concentration of complementary commercial uses helps generate consistent local activity along the Crawford Street corridor. The Property also benefits from convenient access to US Highway 24 and KS Highway 15, providing connectivity to the broader north-central Kansas region. Major community institutions, including Clay County Medical Center and USD 379 Clay County Community Schools, provide important employment and economic drivers for the local market. Combined with its position within Clay Center's established commercial environment and proximity to shopping, healthcare, schools, and community amenities, the Property is well positioned to benefit from both local residents and the broader regional trade area.

FOR SALE DETAILS

PRICE

$570,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Subway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

103-07-0-20-02-002.02-0

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

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