1400 Us Old Highway 75 Sabetha, KS 66534
- Outlet malls
- 8,000 SF
- 0.76 lot acres
Current Use by Public Records
- Redbox / Dvd Store / Movie Rental Store
Property Details for 1400 Us Old Highway 75
- Year built
- 1999
- Lot size
- 0.76 lot acres
- Property size
- 8,000 SF
- Property type
- Outlet malls
- APN
- 053-07-0-00-00-004.04-0
- APU
- 530700000004040
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sabetha
- County
- Brown
- State
- Kansas
- Longitude
- -95.7877
- Latitude
- 39.8917