Retail Investment | 1701-1709 N Main St
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Retail Investment 1701-1709 N Main St
36,000 SF 100% Leased Retail Building Great Bend, KS 67530 £780,488 (£22/SF) 7.75% Net Initial Yield
Investment Highlights
- 100% leased out retail property.
- Frontage on Main St, 17th and 18th St.
- Storefront signage.
- Renovated and remodeled 2014, with a new roof added 2019.
- National tenant, Goodwill been occupying space for several years.
Executive Summary
Excellent investment opportunity! Property is fully leased by 3 retailers, one of which is National tenant, Goodwill. Great location in terms of access and visibility.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
36,000 SF
Building Class
C
Year Built
1953
Price
£780,488
Price Per SF
£22
Net Initial Yield
7.75%
NOI
£60,488
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.61
Land Acres
1.35 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
102 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
438 ft on Williams Street
Amenities
- Signage
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
Parcel Number | 188-28-0-20-32-001.00-0 | Improvements Assessment | £117,614 |
Land Assessment | £7,866 | Total Assessment | £125,480 |
PROPERTY TAXES
Parcel Number
188-28-0-20-32-001.00-0
Land Assessment
£7,866
Improvements Assessment
£117,614
Total Assessment
£125,480
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Retail Investment | 1701-1709 N Main St
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