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Property profile & analytics
FOR LEASE
Parking lots & garages

338 S Andover Rd Andover, KS 67002

896 SF 1.26 ac lot Built 1950
Trust Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US33-0133056
Property summary
AI-generated overview

This move-in ready 11,793 square foot retail salon space is perfectly situated at the highly visible intersection of Andover Rd. and US-54 (Kellogg). The single-story building boasts beautiful finishes and is fully equipped for immediate occupancy. Included in the lease are numerous high-end fixtures and furnishings, such as mirrors, styling chairs, built-in counters, and custom light fixtures, eliminating the need for significant upfront investment. The property offers exceptional visibility and accessibility, benefiting from its prime location on a busy thoroughfare. Abundant door-side parking ensures convenient access for clients and employees. This turnkey opportunity is ideal for an established salon seeking expansion or a new business looking for a fully equipped space in a high-traffic area. The single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a thriving commercial district. The property's strategic location at the intersection of Andover Rd. and US-54 guarantees high visibility and easy access for customers. This is a rare opportunity to acquire a fully equipped, move-in ready salon space in a prime location.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1950
Total area 896 SF
Lot 1.26 ac (54,886 SF)
APN 008-304-20-0-20-04-011.00-0
UPID US33-0133056
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
  • Renfrew Porta Potty Rentals Building Supply
  • Bare Roots Salon & Spa Hair Salon Nail Salon
  • Integrity Medicine Andover Medical Clinic
  • Empower Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Smith,eva I Living Trust · 8 yrs held
Smith,eva I Living Trust
since 2018
3 recorded transactions
2021
Price N/A
2018
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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