721 S Webster St - Convenience Store FOR SALE


Spring Hill, KS 66083
$1,786,000 USD
480-718-5555
721 S Webster St, Spring Hill, KS for Sale
$1,786,000 USD
Convenience Store - FOR SALE
1/21
null | 7.25% Cap Rate

721 S Webster St
Spring Hill, KS 66083


HIGHLIGHTS

  • 7 years remaining on Corporately Guaranteed NN* Lease with $0.50 PSF rental escalations every 5 years in renewal options
  • AFFLUENT 2024 DEMOGRAPHICS: 2024 Population (5-mi) 89,416 | 2024 Average Household Income (1-mi) $153,335
  • Corporate Tenant: Family Dollar Stores Operate 7,145 stores in the U.S.
  • Large Parcel | Traffic Counts: Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St with traffic counts of 5,233 CPD – 1/

OVERVIEW

The Asset is Positioned on a large ±1.30-acre lot with great visibility/access on S Webster St. with traffic counts of 5,233 CPD – 1/2 mile east of US-169 (19,522 CPD). Spring Hill has retailers such as Hobby Lobby, Walmart, Dollar General, Napa Auto Parts, Price Chopper, The Home Depot, Target, Aldi, General Mills, GM, Nebraska Furniture Mart, Best Western Plus, Motel 6, Valvoline, Garmin, Dillard’s, Sutherlands, CVS, Hy-Vee, Walgreens, CareNow Urgent Care, FedEx Office, JC Penney, Amazon, Geico, Embassy Suites, Holiday Inn Express, Sports Clips, Scooters Coffee, Starbucks, Dutch Bros Coffee, Costco Wholesale, Radisson Hotel, TJ Maxx, Homegoods, David’s Bridal, Sam’s Club, DSW, Mattress Firm, The UPS Store, Meineke, Northern Tool + Equipment, Nordstrom Rack, Chase, Staples, Shoe Carnival, Petco, Macy’s, Best Buy, ROSS, Bath & Body Works and Academy Sports + Outdoors; 38 miles from The University of Kansas – a public research university with its main campus in Lawrence, Kansas. Enrollment at the Lawrence and Edwards campuses was 23,958 students, and employs 4,776 faculty members; 29 miles from University of Missouri-Kansas City – a public research university in Missouri with enrollment exceeding 16,000 students; 30 miles from Saint Luke’s Hospital of Kansas City – the largest faith-based care hospital in the region—offering many specialized programs and 629 beds.

FOR SALE DETAILS

PRICE

$1,786,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FAMILY DOLLAR - SPRING HILL, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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