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Starbucks & T-Mobile 1411-1413 N Kansas Ave

4,743 SF 100% Leased Retail Building Liberal, KS 67901 $2,221,200 ($468/SF)

Investment Highlights

  • NNN Leased to Starbucks & T-Mobile Corporate, two BBB+ credit rated Tenants with a combined Market Cap of $292 Billion
  • Near term income upside with 7.3% Rent Increase in 2027
  • 8.2 Years of Lease Term Remaining

Executive Summary

NNN Leased to Starbucks & T-Mobile Corporate, two BBB+ credit rated Tenants with a combined Market Cap of $292 Billion. 8.2 Years of Lease Term Remaining. Near term income upside with 7.3% Rent Increase in 2027. Outpad to Dillon’s Grocery & Fuel Center Anchored Plaza which generates 1.12M customer visits per year and is Liberal’s 2nd largest Grocery store after Walmart. Positioned on a Hard Corner Signalized Intersection with Direct frontage to 15,700 VPD along N Kansas Ave & E 15th St, the highest traffic counts in a 20-mile radius. Caddy Corner to Southwest Medical Center, a 101-Bed acute care Hospital which generated $223.5M of patient revenue in 2023. 0.75 miles from Walmart Super Center which offers additional Big Box Anchor support of 2.5M customer visits per year. Directly across from Liberal Plaza which generates 407k customer visits per year. Liberal boasts a Strong Economy and School System with a very healthy 2.5% Unemployment Rate (almost half of the National Unemployment rate of 4.1%) and the 7th ranked High School in the State

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,743 SF
Building Class
B
Year Built
2022
Price
$2,221,200
Price Per SF
$468
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.68 AC
Parking
7.59 Spaces per 1,000 SF Leased

Nearby Major Retailers

Scooter's Coffeehouse
Starbucks
Dillons
Equity Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
148-33-0-20-05-001.00-0
Land Assessment
$42,450
Improvements Assessment
$47,555
Total Assessment
$90,005
  • Listing ID: 32789918

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 1411-1413 N Kansas Ave, Liberal, KS 67901

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