Listing Agency: Brookwood Capital Advisors - Hamd

Listed By: Ben Hamd · License #VA 02260227550

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:19AM

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Investment Insights

Based on property information with market context.

This single-tenant commercial property at 114 S Main St in Argonia, Kansas, is offered with an absolute NNN lease structure and approximately 5 +/- years remaining. The arrangement provides zero landlord responsibility as described in the property information.

Recent capital improvements include LED lighting and a new roof, which remains under warranty. The asset is positioned as a single-tenant NNN property with the lease structure and completed improvements central to its profile.

Key Highlights

• Single‑tenant absolute NNN property
• Approximately 5 +/- years remaining on the lease
• Zero landlord responsibility under the absolute NNN structure

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Computer & Electronic Repair Electrical Service Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Krispy Krunchy Chicken Dining

1,930 visits/mo 0.3 miles

Demographics for 67004, KS

733

Population

409

Households

1.8

Avg Household Size

43

Median Age

17%

College-Educated

96%

High-School Grad

106.0 sq mi

ZIP Area

7

Density / Sq Mi

$70,313

Median Household Income

$40,625

Median Earnings

$693

Median Rent

$117,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Absolute NNN structure assigns zero landlord responsibility under the existing lease.

Where is this nnn property located?

The property is located at 114 S Main St Argonia, KS.

What are key features of this property?

This property features: Single‑tenant absolute NNN property; Approximately 5 +/- years remaining on the lease; Zero landlord responsibility under the absolute NNN structure