229 Andover Rd Andover, KS 67002-9801
This exceptional 1,080 square foot retail space is part of a thriving 13,000 square foot retail center built in 2006, located south of Central on Andover Road. The property boasts a Limited Commercial zoning designation and benefits from high visibility and traffic counts of 18,875 vehicles per day on Andover Road. The center enjoys a strong tenant mix, including established businesses such as Papa Murphy's, Precious Nails, Super Cuts, Verizon, Midwest Medical, Omaha Tobacco, and many more national brands in close proximity. This space is immediately available for lease and offers a minimum divisible space of 1,080 square feet, with a maximum contiguous space of 1,080 square feet. The property features a total of eight suites. Landlord is offering tenant improvement allowances for qualified tenants. The surrounding area includes O'Reilly's Auto Parts, Pizza Hut, KFC, Sonic, Equity Bank, McDonald's, Walgreens, Sherwin Williams, Intrust Bank, Dunkin' Donuts, and Andover School District, ensuring a consistent flow of potential customers. This prime location presents a fantastic opportunity for a variety of retail businesses seeking high visibility and strong foot traffic.
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Farmers Insurance - Brian Journagan Insurance Agency
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Precious Nails Nail Salon
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Tailored Tails Pet Grooming Service
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Supercuts Hair Salon
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Papa Murphy's | Take 'N' Bake Pizza Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.