Net Lease Specialty
601 Schurle Way Riley, KS 66531
601 Schurle Way, Riley, KS, 66531
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For Sale
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Pending
NNN lease features 13 years remaining on the base term and scheduled rent increases through years 11–15.
Days on Market103
Property Features for 601 Schurle Way
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Landmark Real Estate
Listed by
Duane Lewis · License #KS 00021273
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 5:29AM Checked: Jul 21 at 5:29AM
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Investment Insights
Based on property information with market context.
This for-sale NNN specialty property is leased on a base term with 13 years remaining. The rent schedule includes increases to $77,976 in year 11 through year 15, providing built-in escalations during that period.
The lease also offers a five-year renewal option with a 10% increase. As an NNN structure, there are no landlord responsibilities for operating expenses; the tenant pays all property taxes and insurance.
Located at 601 Schurle Way in Riley, KS 66531, the property is presented as a net-leased asset with clearly defined rent escalations and renewal terms.
The lease also offers a five-year renewal option with a 10% increase. As an NNN structure, there are no landlord responsibilities for operating expenses; the tenant pays all property taxes and insurance.
Located at 601 Schurle Way in Riley, KS 66531, the property is presented as a net-leased asset with clearly defined rent escalations and renewal terms.
Key Highlights
- NNN lease with 13 years remaining on the base term
- Scheduled rent increases to $77,976 for years 11–15
- Five‑year renewal option with 10% increase
Property Analytics
Location Intelligence
Current Use by Public Records
NNN properties
FAQs
What type of property is this?
NNN property - NNN lease features 13 years remaining on the base term and scheduled rent increases through years 11–15.
Where is this nnn property located?
The property is located at 601 Schurle Way Riley, KS.
What are key features of this property?
This property features: NNN lease with 13 years remaining on the base term; Scheduled rent increases to $77,976 for years 11–15; Five‑year renewal option with 10% increase