1511 Lincoln St Concordia, KS 66901
Single-tenant Subway with a new 15-year absolute NNN lease.
Property size:
1,914 SFLot size:
0.42 AcresProperty Features for 1511 Lincoln St
General Information
- Standard status
- Active
- Size
- 1,914 SF
- Lot size
- 0.42 Acres
Building Details
- Year built
- 1993
Source:
Crexi
Listing Agency: Horvath & Tremblay Listing Agent: Jack Collins
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Subway Investment Property with Drive-Thru
The property is a single-tenant Subway investment property located at 1511 Lincoln Street in Concordia, Kansas. It features a single-story, 1,914 square-foot building with a drive-thru on a 0.42-acre lot. Subway will sign a new 15-year Absolute NNN Lease with three 5-year renewal options at the close of escrow. The lease includes 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The property occupies a highly visible location along Lincoln Street (US Highway 81), a primary commercial and commuter corridor in Concordia. Situated within the city’s main retail corridor, the property is surrounded by traffic-generating national and regional retailers, including Walmart Supercenter, Dollar Tree, Dollar General, and O’Reilly Auto Parts. It benefits from close proximity to Concordia’s residential neighborhoods, area schools, and North Central Kansas Medical Center, providing a reliable local customer base. The property offers strong exposure along US Highway 81 and convenient access to the nearby junction with KS Route 9, enhancing regional connectivity. Additional nearby demand drivers include Blosser Municipal Airport and Cloud County Community College, contributing to steady activity in the surrounding area and further supporting the property’s strategic location within the Concordia market. This property is suitable for drive-through restaurants, restaurants, and retail space.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Concordia
- County
- Cloud
- State
- Kansas
- Longitude
- -97.656837
- Latitude
- 39.562205
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FAQs
What type of property is this?
Drive through restaurant - Single-tenant Subway with a new 15-year absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 1511 Lincoln St Concordia, KS.
What are key features of this property?
This property features: - New 15-year Absolute NNN Lease with Subway at close of escrow, providing stable long-term income.; - Attractive 10% rent increases every five years throughout the primary lease term and renewal options.; - Highly visible location on Lincoln Street (US Highway 81), a primary commercial corridor.
