1411 Kansas Ave Liberal, KS 67901
This exceptional 4,743 square foot retail property in Liberal, Kansas, is NNN-leased to Starbucks and T-Mobile, two BBB+ credit-rated tenants with a combined market cap of $292 billion. The lease has 8.2 years remaining, with a 7.3% rent increase scheduled for 2027, offering near-term income upside. Strategically located on a hard corner signalized intersection with high visibility and traffic counts (15,700 VPD) along N Kansas Ave & E 15th St – the highest within a 20-mile radius. The property benefits from its proximity to a Dillon's Grocery & Fuel Center (1.12 million annual customer visits), a 101-bed acute care hospital ($223.5 million in 2023 patient revenue), and a Walmart Supercenter (2.5 million annual customer visits), providing strong anchor support. Its location across from Liberal Plaza (407,000 annual customer visits) further enhances its desirability. Liberal, Kansas boasts a robust economy and school system, with a low 2.5% unemployment rate and a top-ranked high school. The asking price is $2,221,200, representing a price per square foot of $468.31. This investment presents a compelling opportunity due to its strong tenant base, prime location, and positive economic indicators. The property's high traffic location and established tenant occupancy make it an attractive investment for long-term growth and stable income.
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Starbucks Cafe & Coffee Shop
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
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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.