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211 N Andover Rd
Andover, KS 67002

$950,000 USD

General Retail For Sale  •  2,640 SF

Property Details

  • Property Type General Retail
  • Total Building Size 6,165 SF
  • Lot Size 0.93 AC
  • Building Class C
  • Year Built 1994
  • Cap Rate 6.29 %
  • Tenancy Single
  • Zoning B-2
0 Transit Score
61 Walk Score

Highlights

Essential Infrastructure: The USPS serves as a critical component of the nation’s infrastructure, providing reliable mail and package delivery service
Strong Market Position: With its unparalleled reach, the USPS maintains a dominant market position in mail and package delivery
E-Commerce Boom: The exponential growth of e-commerce has translated into increased demand for package delivery services
Diverse Revenue Streams: The USPS derives revenue from various sources, including first-class mail, marketing mail, packages, and more
Financial Resilience: USPS has displayed financial resilience. Its ability to adapt to changing market dynamics demonstrates long-term durability
Investment Grade Tenant: USPS is rated S&P: AA+
Cap Rate: 6.29 %

Major Tenants

Tenant SF Occupied Lease End Date
United States Postal Service

Public Transportation

AirportDriveWalkDistance
Wichita Dwight D Eisenhower Ntl 26 min - 18.2 mi
Corey Selenski 949-945-6012 Matthews Real Estate Investment Services
Corey Selenski 949-945-6012 Matthews Real Estate Investment Services