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Property profile & analytics
FOR LEASE
Strip malls

2901 N Rock Rd Derby, KS 67037

11,804 SF 1.46 ac lot Built 2022
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US33-1575754
2901 N Rock Rd, Derby, KS 67037 For Lease
$775,000
2901 N Rock Rd, Derby, KS 67037
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Property summary
AI-generated overview

This exceptional Class A retail property, a single-tenant strip center, presents a unique investment opportunity in Derby, Kansas. Completed in 2023, the building boasts a modern design and prime location at 2901 N Rock Rd, zip code 67037, within Sedgwick County. The single-story structure is situated on a strategically advantageous site, directly benefiting from the area's ongoing commercial expansion. Zoned for limited commercial use, this 2023-built property offers a total of one building, providing a cohesive and easily managed space. Its "A" class designation reflects its high-quality construction and desirable features, making it an attractive option for discerning businesses. The property's address places it within easy reach of Derby's thriving community and its convenient access to major transportation routes ensures high visibility and accessibility for customers. This is an ideal opportunity for businesses seeking a modern, well-located retail space in a rapidly growing market. The property's single-tenancy nature provides a streamlined operational environment, while its strategic location promises significant return on investment. This turnkey solution offers immediate occupancy and the potential for substantial long-term growth. Invest in a future-proof retail space in a dynamic and expanding commercial corridor.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2022
Total area 11,804 SF
Lot 1.46 ac (63,598 SF)
APN 087-229-30-0-44-02-005.00
UPID US33-1575754
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
  • Firehouse Subs Derby Rock Take-out & Catering
  • European Wax Center Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
by Request
Comparable Approach Comparable
$853k
Blend (final) Blend
$775k
Owner & transaction history
Cavre Investments LLC · 3 yrs held
Cavre Investments LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.2M +78.4%
Warehouse, storage $1.1M +57.7%
Auto repair, garage $1.0M +50.0%
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