109 W Washington St, Osborne, KS 67473
The tenant covers operating expenses and maintains all aspects of the premises under the lease.
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The absolute NNN structure places responsibility for CAM, taxes, insurance, and premises maintenance with the tenant, leaving no landlord responsibilities under the stated lease terms. Scheduled rent increases of 10% occur at the start of each extension option. Ownership is fee simple, and the tenant is identified as investment grade with an S&P rating of BBB.
Key Highlights
- 9+ years remaining on the initial lease term
- 3 additional 5‑year extension options
- 10% rent increases at the beginning of each option
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Vacancy Rate% for Retail in Midwest region