Value-Add Strip Center
$975,000
2924 Market Place, Salina, KS 67401
For Sale
Retail
Strip Center
Active
Last Updated: 09/08/2022
11.24
Pro Forma Cap Rate
6,400 sqft
Building Size
Details:
Pro Forma Cap Rate : 11.24%
Building Size: 6,400 sqft
Lease Type: Triple Net
Zoning: C
Tenancy: Multiple
Parking Spots: 25
Highlights:
- Located at a signalized intersection
- T-Mobile recently renewed their lease evidencing commitment to this location
- Located on South 9th Street (South Old Hwy 81), Salina’s primary north-south thoroughfare
- Centrally located within a regional retail destination that includes the Central Mall, Walmart Supercenter, Sam’s Club, Target, Lowe’s, Menards, Dillons Food Store, and many other national and local retailers
- Immediate proximity to Salina South High School (1,050+ students)
- Approximately 35K people living within three miles
- Positioned just east of Interstate 135
- Recently constructed building (2007)
Description:
Value-add retail center with two vacant endcaps located in Salina, KS.
Documents:
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OM_-_2629_Market_Place_-_Salina__KS__Blue_West_Capital_.pdf
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Location
Gallery
