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Property profile & analytics
OFF-MARKET
Drive through restaurants

126 14th St Larned, KS 67550-2102

3,151 SF 0.61 ac lot Built 2000
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0698320
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, absolute NNN leased Pizza Hut located at 126 W 14th St, Larned, KS 67550. The property boasts a strong national credit tenant with a remaining lease term of 14.7 years, providing long-term stability and predictable cash flow. Built in 2000, this 3,436 square foot building sits on a 0.61-acre lot and enjoys a 100% occupancy rate. The property benefits from its strategic location directly off 14th Street in a thriving fast-food corridor, near a signalized hard corner intersection. The current asking price is $1,061,000, representing a price per square foot of $308.79 and a compelling 6.25% cap rate. The annual net operating income (NOI) is $66,309, with built-in rent bumps of 1.50% annually, ensuring consistent growth in rental income over the lease term. This is a rare opportunity to acquire a well-positioned, high-performing QSR property with a national brand tenant in a desirable location. The property's strong fundamentals and favorable lease terms make it an ideal addition to any diversified investment portfolio. The property is a one-story building on a single lot. This is a net lease investment.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2000
Construction FRAME
Total area 3,151 SF
Lot 0.61 ac (26,400 SF)
APN 109-32-0-10-02-004.00-0
UPID US33-0698320
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
AFN ABSPROP001 LLC
AFN ABSPROP001 LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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