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2210 E Kansas Ave
Mcpherson, KS 67460

$815,325 USD

Freestanding For Sale  •  6,720 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,720 SF
  • Lot Size 0.66 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning Shopping Center Business
0 Transit Score
42 Walk Score

Highlights

Corporate Lease Backed by Shoe Sensation, Inc (240+ Locations) Featuring a 8.76% Rental Increase at the Option.
Priced Below Replacement Cost. Below Market Rent w/ Upside - Positioned for Strong Tenant Retention and Long-Term Rental Growth.
Established Footwear Retailer with Local Brand Recognition: Shoe Sensation is one of the Largest Family Footwear Retailers.
Within a Walmart Supercenter Anchored Retail Center - Draws 1.7M Annual Visits, serving both Local Residents and Highway Travelers.
Proven Retail Performance in a Stable Kansas Community: McPherson’s Growing Economy and Diversified Employment Base Support Retail Success.
Prime Location Along Kansas Avenue Commercial Corridor: Features Easy Access and Excellent Visibility on East Kansas Avenue (Hwy-56).
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Shoe Sensation 6,720 SF 10/31/2031

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Colby Haugness 858-964-8434 Marcus & Millichap
Colby Haugness 858-964-8434 Marcus & Millichap