126 14th St Larned, KS 67550-2102
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.