611 Chestnut St Junction City, KS 66441-9464

10,500 SF 1.06 ac lot Built 1998

Entity Owned Absentee Owner Free & Clear

Property ID

US33-0445499

Google Maps

This exceptional 3,900 square foot retail storefront is ideally situated in a high-traffic area of Junction City, Kansas, as a Walmart outparcel. Located at 611 E Chestnut Street, 66441, this single-tenant property presents a significant leasing opportunity for businesses seeking strong visibility and convenient access. The property's prime location within a well-established retail center ensures high foot traffic and excellent brand exposure. The building offers ample space for a variety of retail uses, making it suitable for a wide range of businesses. Its strategic placement as a Walmart outparcel guarantees a consistent flow of potential customers, benefiting from the significant draw of the adjacent anchor tenant. This property is a rare find in a thriving market, offering a unique chance to establish a successful retail presence in a high-demand location. The property is located in Geary County, Kansas, and offers excellent visibility and accessibility. Serious inquiries are encouraged to explore this exceptional retail opportunity. The property is classified as a single-tenant storefront.

Property type Strip malls

Use group SHOPPING CENTER, STRIP CENTER

Year built 1998

Total area 10,500 SF

Lot 1.06 ac (46,174 SF)

Zoning code CCS

APN 111-12-0-40-02-004.00-0

UPID US33-0445499

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

Dollar Tree Discount Store

AI Approach AI

$590k

CAP Approach CAP

by Request

Comparable Approach Comparable

$870k

Blend (final) Blend

$730k

613, LLC

Permitted uses

Allowed · conditional · prohibited

Zoning description

"CCS" Central Commercial Special District. A district designed to provide for a broad range of retail shopping facilities. 13. "CSR" Service Commercial Restricted District. A district designed to provide for those businesses and commercial uses which draw their customers from motorists on the highway, or for whom a location on a highway or arterial street is…

Zone name Central Commercial Special District

General category COMMERCIAL

Zone area 165.22 ac

Source ARTICLE I: Title—Intent And Purpose—Definitions - City of Junction City, KS

Top alternative use upside

Retail stores $1.2M +66.9%

Auto repair, garage $1.1M +60.6%

Commercial (general) $1.1M +59.6%