2715 N Summit St - Freestanding FOR SALE


Arkansas City, KS 67005
$2,583,000 USD
510-289-1166
2715 N Summit St, Arkansas City, KS for Sale
$2,583,000 USD
Freestanding - FOR SALE
1/1
null | 6.5% Cap Rate

2715 N Summit St
Arkansas City, KS 67005


HIGHLIGHTS

  • Long Term Net Lease to Tractor Supply Co (NASDAQ: TSCO) with 10 Years Remaining
  • Adjacent to High-Performing Walmart Supercenter - 1.6 Million Visits Per Year per Placer.Ai
  • Priced Below Replacement Cost at $47.38 PSF
  • Tenant Renewed Lease Early, Demonstrating Long-Term Commitment to Site
  • Among Top Sales Locations for Olscheln Farm & Home Prior to Acquisition by Tractor Supply Co
  • Oversized Lot with Potential Outlot Development Opportunity

OVERVIEW

Arkansas City (population 11,974) is the most populous city in Cowley County, Kansas near the Oklahoma border. The city is located approximately 134 miles from Oklahoma City and 122 miles from Tulsa. The region benefits from an established economic base in manufacturing, with major companies in the area including Galaxy Technology, Robotzone, GE Engines, Newell Rubbermaid, KanPak, Creekstone Premium Beef, ADM Milling, Morton Buildings, Western Industries, Webster Engineering, Columbia Elevators, and Greif Bros. The county has four industrial parks which are home to 2,000 acres of industrial space, and Cowley College and Southwestern College provide an educated, well-trained workforce. The subject property is strategically located with excellent access and visibility along North Summit Street (15,550 AADT) outparcel to a high-performing Walmart Supercenter (1.6 million annual visits per Placer.Ai). The site benefits from robust demographics with a total daytime population of 14,919 within a 5 mile radius. Average household income within 5 miles of the site is $70,720. In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998

FOR SALE DETAILS

PRICE

$2,583,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

304

LAND DETAILS

LAND ACRES

9.8 AC

LAND SF

426,888 SF

ZONING

C-3

APN/PARCEL ID

306-13-0-40-01-002.00-0

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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