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Property profile & analytics
FOR SALE
Outlet malls

1400 S Us Old Highway 75 Sabetha, KS 66534

8,000 SF 0.76 ac lot Built 1999
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US33-0444444
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding 8,000-square-foot convenience store and grocery storefront in Sabetha, Kansas. Located on a 0.76-acre lot at 1400 S US Old Hwy 75, this property enjoys a prime position on Sabetha's main retail thoroughfare, just one block west of Highway 75 and conveniently situated south of Pizza Hut. The building, constructed in 1999, is currently leased to Dollar General under a Net Net lease expiring September 30, 2026, offering a remaining lease term of approximately 1.9 years. The property boasts a strong financial profile, with an asking price of $553,846, a price per square foot of $69.23, and a compelling 6.50% cap rate, generating a net operating income (NOI) of $36,000. The land value alone is $4.50 per square foot. This single-story building represents a stable, income-producing asset in a desirable location with a long-standing tenant. The property's strategic location and established tenant history make it an attractive investment for discerning buyers seeking a solid return on investment in the Kansas retail market. The property's strong financials and location make it an ideal addition to any portfolio.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1999
Total area 8,000 SF
Lot 0.76 ac (33,106 SF)
APN 053-07-0-00-00-004.04-0
UPID US33-0444444
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
Current use
Occupant on record · Public records
  • Redbox Cinema (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
Sabetha Dg LLC · 6 yrs held
Sabetha Dg LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $905,000 +18.0%
Apartment house (5+ units) $815,000 +6.6%
Commercial (general) $775,000 +1.3%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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