1404 S Kansas Ave | Newton, KS 67114
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1404 S Kansas Ave
Newton, KS 67114
INTRUST Bank Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- INTRUST Bank Ground Lease within Dillons Anchored Center.
- Tenant has been here since 1998, originally as First Bank of Newton.
- 1 Five Year Renewal remaining on Ground Lease, with NOI increasing to $55,200/year for next term.
- Property is located directly off of US-50, and sits less than 1 mile from Newton Medical Center.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
37,600 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
10.16 AC
Zoning
C-2
Parking
400 Spaces (10.64 Spaces per 1,000 SF Leased)
Frontage
279 FT on Kansas Ave
PROPERTY TAXES
| Parcel Number | 098-28-0-20-01-001.00-0 | Improvements Assessment | $433,708 |
| Land Assessment | $184,100 | Total Assessment | $617,808 |
PROPERTY TAXES
Parcel Number
098-28-0-20-01-001.00-0
Land Assessment
$184,100
Improvements Assessment
$433,708
Total Assessment
$617,808
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