Current Use by Public Records
- Starbucks / Cafe & Coffee Shop
Property Details for 1411 Kansas Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
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.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Liberal
- County
- Seward
- State
- Kansas
- Longitude
- -100.922
- Latitude
- 37.0529
