128 Us-36 Phillipsburg, KS 67661
This exceptional Class A retail property, located at 128 E. Hwy 36 in Phillipsburg, Kansas, presents a unique investment opportunity. Built in 2017, this single-story, free-standing building boasts 2,692 square feet on a spacious 32,859 square foot lot. The property's zoning is Commercial Highway, ideal for its current use as a restaurant with a drive-thru. The building features a convenient drive-thru lane and ample curb service parking for nine vehicles. Its prominent location on a major thoroughfare, US-36/State St, ensures excellent visibility and accessibility for customers. The property also benefits from the availability of pole signage, maximizing its marketing potential. The building is situated in Phillips County, Kansas, with a zip code of 67661. This turnkey operation is perfect for an established restaurant or a new venture seeking a high-traffic location. The property is available for purchase or lease. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a thriving community. The single-tenancy building offers a straightforward ownership or leasing experience. The property's size and features make it an attractive option for a variety of restaurant concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.