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Goodyear Auto Service 5636 Hedge Lane Ter

6,040 SF Retail Building Shawnee, KS 66226 £1,486,483 (£246/SF) 6.75% Net Initial Yield

Investment Highlights

  • 2002 Build-to-Suit Goodyear Auto Service Shop With 5 Years Remaining in Current Term
  • 22+ Years of Operating History Showing Tenant Commitment to Location - Current Owner is in the Process of Replacing HVAC
  • Affluent Kansas Community With 52,000+ Residents Within 5 Miles Having an Average Household Income of Over $163K
  • Recently Exercised 5 Year Renewal Option Showing Tenant Commitment to Site
  • NN Friendly Lease With Minimal LL Responsibilities, Only For Roof, Structure and HVAC
  • Subject Property is Near Several National Credit Retailers With Big Box Tenants, Apartments, and Schools Within 2 Miles Creating Additional Customers

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,040 SF
Building Class
B
Year Built/Renovated
2002/2014
Price
£1,486,483
Price Per SF
£246
Net Initial Yield
6.75%
NOI
£100,338
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
0.94 AC
Zoning
CH
Parking
15 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
188 ft on Hedge Ln Ter

Links

1 of 1

PROPERTY TAXES

Parcel Number QP50320000-0006 Improvements Assessment £285,860
Land Assessment £105,565 Total Assessment £391,425

PROPERTY TAXES

Parcel Number
QP50320000-0006
Land Assessment
£105,565
Improvements Assessment
£285,860
Total Assessment
£391,425
(817) 480-3230

  • Listing ID: 33522069

  • Date on Market: 15/10/2024

  • Last Updated:

  • Address: 5636 Hedge Lane Ter, Shawnee, KS 66226

The Retail Property at 5636 Hedge Lane Ter, Shawnee, KS 66226 is currently available For Sale. Contact Trinity Real Estate Investment Services, LLC for more information.

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© 2024 CoStar Group

Goodyear Auto Service | 5636 Hedge Lane Ter
(817) 480-3230 x

Goodyear Auto Service | 5636 Hedge Lane Ter

Henry Chambers

(817) 480-3230

(817) 480-3230

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