1915 S Range Ave
Colby, KS 67701
Orscheln Farm & Home · Retail Property For Sale

Marcus & Millichap is pleased to offer for sale a 41,304-square foot free-standing retail building located in Colby, Kansas, occupied by Orscheln Farm & Home. The property sits on 4.8 acres and was originally developed for Walmart in 1988. Orscheln Farm & Home occupied the property in 2006 and executed a 20-year triple-net (NNN) lease. Landlord responsibility is limited to the structure. There are over seven years remaining on the triple net lease. The tenant has four additional, five-year renewal option terms with $.50 per square foot increases during each term. Nearby retailers and restaurants include a free-standing O’Reilly Auto Parts and Kansas Quick Lube on the out lots of Orscheln’s. Sears, Sonic, Burger King, Arby’s, McDonald’s, Dillons Food and Dollar General are in close proximity to the subject property. Walmart Supercenter is one half mile from Orscheln Farm & Home with frontage along Interstate 70. Orscheln Farm and Home supplies agricultural goods for farm, home, ranch, and suburban customers through its over 175 retail stores across nine Midwestern states and its website. Orscheln offers animal feed and health items and other farm and ranch supplies. As part of its business, it also sells people products such as clothing and footwear, lawn and garden care items, hunting equipment, tools, hardware, automotive supplies, plumbing and electrical equipment, and other home improvement items. Orscheln Farm and Home has been in the retail business since November of 1960. Orscheln Farm and Home is headquartered in Moberly, MO. Orscheln Farm and Home is headquartered in Moberly, MO. Orscheln Farm & Home is a subsidiary of Orscheln Industries, a conglomerate of eleven companies comprised of over 3,000 employees on three continents.