Retail    

Kohl's (Ground Lease)

 Hutchinson, Kansas

Asking Price

$3,384,600

Cap Rate

6.50%

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Expenses

Abs NNN

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Year Built

2012

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Square Feet

55,459 SF

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Land Area

4.46 AC

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NOI

$220,000

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Increases

5% Each Option

For more details on this exclusive listing

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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   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

Chad Byerly

Senior Vice President

KS License #BR00236011

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