Haysville Retail Strip Center For
240 N Main St, Haysville, KS 67060
For Sale
Contact for pricing
Three-tenant retail strip center in Haysville, Kansas.
Property Size3,840 SF
Price / SF$214.84
Days on Market246
Property Features for 240 N Main St
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Buildings
Stories
Units
Tenancy
Listing Agency:
NAI Martens
Listed By:
Troy Farha · License KS SP00218666
(316) 650-6555
Source:
Crexi
Added: Mar 10
Changed: Aug 22
Last Checked: Aug 14 at 7:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Martens
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 240 N. Main Street in Haysville, Kansas, this retail strip center encompasses 3,840 square feet and houses three tenants. Constructed in 2008, the building features a steel frame with brick veneer and a well-maintained exterior. The property provides over 30 parking spaces and monument signage. Visibility is enhanced by its location on N. Main St./S. Seneca, with approximately 8,675 vehicles passing by daily. The center includes a restaurant tenant with a drive-thru window and patio seating.
Key Highlights
- 3,840 SF three‑tenant retail strip center.
- Restaurant tenant with drive‑thru window and patio seating.
- High visibility to approximately 8,675 vehicles per day.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,181
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,620
$823.6K
Cap Rate 7%
$588,300
$588.3K
Cap Rate 9%
$457,567
$457.6K
Market Conditions
NOI Build-Up for 3,840 SF
Gross rent
$69.6K $18.12/SF
− Vacancy
−$10.8K −$2.80/SF
EGI
$58.8K $15.32/SF
− OpEx
−$17.6K −$4.60/SF
NOI
$41.2K $10.72/SF
Area
Sedgwick County, KS
Vacancy
15.45%
Lease Rate
$18.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$823,620
Cap Rate 7%
$588,300
Cap Rate 9%
$457,567
Alternative Uses
Best Use
Retail
$588.3K
$514.8K – $686.4K
NOI $41,181 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$800.4K
$700.3K – $933.8K
NOI $56,025 @ 7.0% cap · market cap 6.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 47%
Home Improvements & Furnishings 5%
McDonald's
Dining
14,603 visits/mo
0.3 miles
Dollar General
Shops & Services
10,007 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
4,406 visits/mo
0.3 miles
El Azteca
Dining
2,251 visits/mo
0.2 miles
Haysville True Value Hardware
Home Improvements & Furnishings
1,961 visits/mo
0.5 miles
Demographics for 67060, KS
13,860
Population
5,459
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
93%
High-School Grad
28.0 sq mi
ZIP Area
495
Density / Sq Mi
$74,911
Median Household Income
$44,337
Median Earnings
$965
Median Rent
$165,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Strip malls in Sedgwick County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - Three-tenant retail strip center in Haysville, Kansas.
Where is this strip mall located?
The property is located at 240 N Main St Haysville, KS.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 3,840 SF three‑tenant retail strip center.; Restaurant tenant with **drive‑thru window and patio seating**.; High visibility to approximately 8,675 vehicles per day.
