Goodyear Auto Service | 5636 Hedge Lane Ter
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Goodyear Auto Service 5636 Hedge Lane Ter
6,040 SF Retail Building Shawnee, KS 66226 $1,881,600 ($312/SF) 6.75% Cap Rate
Investment Highlights
- 2002 Build-to-Suit Goodyear Auto Service Shop With 5 Years Remaining in Current Term
- 22+ Years of Operating History Showing Tenant Commitment to Location - Current Owner is in the Process of Replacing HVAC
- Affluent Kansas Community With 52,000+ Residents Within 5 Miles Having an Average Household Income of Over $163K
- Recently Exercised 5 Year Renewal Option Showing Tenant Commitment to Site
- NN Friendly Lease With Minimal LL Responsibilities, Only For Roof, Structure and HVAC
- Subject Property is Near Several National Credit Retailers With Big Box Tenants, Apartments, and Schools Within 2 Miles Creating Additional Customers
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,040 SF
Building Class
B
Year Built/Renovated
2002/2014
Price
$1,881,600
Price Per SF
$312
Cap Rate
6.75%
NOI
$127,008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Land Acres
0.94 AC
Zoning
CH
Parking
15 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
188 FT on Hedge Ln Ter
PROPERTY TAXES
Parcel Number | QP50320000-0006 | Improvements Assessment | $361,843 |
Land Assessment | $133,625 | Total Assessment | $495,468 |
PROPERTY TAXES
Parcel Number
QP50320000-0006
Land Assessment
$133,625
Improvements Assessment
$361,843
Total Assessment
$495,468
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Goodyear Auto Service | 5636 Hedge Lane Ter
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