2310 E Kansas Ave - Freestanding FOR SALE


Garden City, KS 67846
$4,342,000 USD
512-819-4729
2310 E Kansas Ave, Garden City, KS for Sale
$4,342,000 USD
Freestanding - FOR SALE
1/12
null | 6.75% Cap Rate

2310 E Kansas Ave
Garden City, KS 67846


HIGHLIGHTS

  • New Burlington Development
  • Corporate Guaranty
  • 10+ Years Lease Term Remaining
  • $0.50/SF Rent Increase Year 11 & Options
  • Four, 5-Year Options
  • Direct Access to 100,000+ Sq. Ft. Garden City Plaza Shopping Center

OVERVIEW

Garden City, located in Finney County in southwestern Kansas, is a vibrant and diverse community known for its rich history and welcoming atmosphere. The town’s economy is primarily driven by agriculture, given its location in the fertile plains of Kansas. Additionally, Garden City is a significant player in the meatpacking industry, with major companies like Tyson Fresh Meats operating large plants in the area. Besides these primary industries, education and healthcare are vital sectors, with institutions such as Garden City Community College and St. Catherine Hospital offering essential services and employment. Garden City is strategically located with accessibility to major cities. It is approximately 200 miles west of Wichita, Kansas, and around 300 miles southeast of Denver, Colorado. This location provides residents with the advantage of a small-town feel while being within reasonable distance of larger urban centers. The population of the Garden City metro area has been steadily growing, reaching around 500,111 in the total trade area. Overall, Garden City, Kansas, is a thriving community with a strong economic base, a steadily growing population, and a commitment to embracing diversity and progress. It offers a high quality of life with a mix of urban amenities and rural charm, making it a desirable place to live and work.

FOR SALE DETAILS

PRICE

$4,342,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burlington

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.14 AC

LAND SF

398,015 SF

ZONING

-

APN/PARCEL ID

272-09-0-30-06-004.00-0

ASK ABOUT THIS PROPERTY

Klinton LewisEmbree Capital Markets GroupMore Info
512-819-4729

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Klinton LewisEmbree Capital Markets GroupMore Info
512-819-4729

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