Retail    

Kohl's (Ground Lease)

 Hutchinson, Kansas

Asking Price

$3,143,000

Cap Rate

7.00%

Icons_AbsNNN-Icon

Expenses

Abs NNN

Icons_YrBuilt-Hammer-Icon

Year Built

2012

Icons_BuildSize-SqFt-Icon

Square Feet

55,459 SF

Icons-Acreage

Land Area

4.46 AC

Icons-_NOI-Square

NOI

$220,000

Icons_Growth

Increases

5% Each Option

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Corporate Guaranty | $18B in Revenue
  • Absolute NNN Lease with No Landlord Responsibilities
  • Covered Land Play | Small Ground Rent Relative to Cost Basis in Land & Building
  • Strong Retail Trade Corridor | +5.5M Annual Visits
  • 11+ Years of Operating History
  • 5 Minutes from Kansas State Fairgrounds | 330,000+ Annual Fair Visitors
  • 1 Mile From Hutchinson Regional Medical Center

 

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

Chad Byerly

Senior Vice President

KS License #BR00236011

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions