1308 E Kansas Ave | Garden City, KS 67846
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- LoopNet Team
1308 E Kansas Ave
Garden City, KS 67846
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Subject is a Prime 14,492 Square-Foot Build-to-Suit Walgreens Pharmacy with Drive-Thru on a 1.80-Acre Lot
- Tenant Walgreens Boots Alliance (NASDAQ: WBA) Currently Features a Stable Credit Rating of Baa2 (Stable) from Moody’s and BBB (Stable) from S&P
- High Visibility Hard Corner Location with Robust Combined Traffic Counts Along E Kansas Avenue/KY HWY-156 (27,870 VPD), One Mile off of U.S. HWY-50/KY
- Absolute NNN Lease with a 25-Year Base Term, Zero Landlord Responsibility and Eight Years Remaining on Lease | Ten, Five-Year Options
- Zero National Drug Store Competition in Garden City | Strong-Performing Store Reported Sales of $2,598,215 in 2020, $2,383,810 in 2019, and $2,427,479
- Tremendous Retail Corridor with Over 2.3 Million Square-Feet of Inventory | Nearby Retailers Include: Sonic, Wendy’s, Dillon Grocer, McDonald’s, Pizza
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,492 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.80 AC
Zoning
Commercial
Parking
72 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 274-17-0-20-01-002.00-0 | Improvements Assessment | $359,445 |
| Land Assessment | $63,958 | Total Assessment | $423,403 |
PROPERTY TAXES
Parcel Number
274-17-0-20-01-002.00-0
Land Assessment
$63,958
Improvements Assessment
$359,445
Total Assessment
$423,403
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