Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    114 1St St Liberal, KS 67901

    For Sale
    $1,237,000

    High-traffic QSR, 14+ years lease.

    Property size:
    2,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 114 W 1st St, Liberal, Kansas, 67901. The property boasts a strong 14.7 years remaining on the lease, ensuring consistent cash flow with annual rent increases of 1.5%. The 2,280 square foot building sits on a 0.09-acre lot in a dense retail corridor, guaranteeing high visibility and customer traffic. Built in 1955, this one-story structure currently enjoys 100% occupancy. The property offers a compelling investment profile with a 6.50% cap rate and a Net Operating Income (NOI) of $80,424, based on an asking price of $1,237,000 ($542.54 per square foot). This is a rare opportunity to acquire a well-established, passively managed investment with a long-term, secure lease in a thriving retail area. The property's location in Seward County, Kansas, provides excellent access to local consumers and benefits from the consistent performance of a nationally recognized brand. The annual rent escalations further protect against inflation and enhance the long-term value of this investment. This is an ideal addition to any diversified real estate portfolio.

    Property Features for 114 1St St

    General Information

    Property type
    Restaurants
    Square Feet
    2,280 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    HighLights

    • $1,237,000 asking price for this Pizza Hut property.
    • Absolute NNN net lease with a single tenant.
    • 14.7 years remaining on the lease, providing strong lease term.
    • Annual rent escalations of 1.50% provide consistent income growth.
    • 2,280 square feet building on a 0.09‑acre lot in a high‑traffic retail location in Liberal, Kansas.
    • 6.50% cap rate with a current NOI of $80,424.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pizza Hut Pizza Delivery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Liberal
    County
    Seward
    State
    Kansas
    Longitude
    -100.9243784
    Latitude
    37.0381842

    Nearby Comparable

    • $429,000
      390.00 Acres

      Expansive Ranch Land Near Liberal

      390 acres of grassland ideal for ranching and recreation.
      000 Acres, Liberal, KS 67901
      View Details
    • $1,500,000
      6,950 SF

      Turnkey Multifamily Investment Opportunity

      23-unit multifamily complex in Liberal, Kansas, operating at nearly 90% occupancy.
      304 E Pancake Blvd, Liberal, KS 67901
      View Details
    • $124,900
      0.91 Acres

      Commercial Land in Liberal, Kansas

      Commercial land for sale near retail with high traffic volume.
      E Tucker Rd, Liberal, KS 67901
      View Details
    • $75,000
      1.25 Acres

      Improved Land with Shop Building

      Land with a 50' x 100' round top shop.
      422 Blackmer, Baker, OK 73950
      View Details
    • $175,000
      35.06 Acres

      Walsenburg Land with Live Water

      Rare 35-acre ranch parcel with Cucharas River access.
      74 Us Highway 160, Walsenburg, CO 81089
      View Details
    • $600,000
      480.00 Acres

      480 Acres Vacant Land For Sale

      480 acres of vacant land located near Moscow, Kansas.
      000 Road A, Moscow, KS 67952
      View Details

    Nearby Similar for Sale

    • $1,500,000
      6,950 SF

      Turnkey Multifamily Investment Opportunity

      23-unit multifamily complex in Liberal, Kansas, operating at nearly 90% occupancy.
      304 E Pancake Blvd, Liberal, KS 67901
      View Details

    FAQs

    What type of property is this?
    Restaurant - High-traffic QSR, 14+ years lease.
    Where is this restaurant located?
    The property is located at 114 1St St Liberal, KS.
    What is the asking price?
    The asking price for this property is $1,237,000.
    What are key features of this property?
    This property features: $1,237,000 asking price for this Pizza Hut property.; Absolute NNN net lease with a single tenant.; 14.7 years remaining on the lease, providing strong lease term.
    Request Owner's contact information
    114 1St St Liberal, KS 67901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 1St St
    Liberal, KS 67901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 1St St Liberal, KS 67901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.