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2504 N Summit St
Arkansas City, KS 67005
Dillons · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Long-Term Ground Lease with Minimal Landlord Responsibilities
  • Directly Across from Walmart Supercenter
  • Positioned in Arkansas City’s Dominant Retail Corridor
  • Corporate Guaranty from Publicly Traded Parent Company
  • Brand-New 2025 Built-to-Suit Construction
  • Integrated with Dillons Grocery Network

EXECUTIVE SUMMARY

Northmarq is pleased to present for sale a rare opportunity to acquire a brand-new, retail property located at 2504 N Summit St, Arkansas City, Kansas (“the Property”). The Property consists of approximately 20,800 square feet of retail space on a .48 acre parcel. It is leased to Dillons and guaranteed by Kroger Co. under a brand new 20-year ground lease agreement. Recently opened, the Property has been fully repositioned with modern upgrades to suit national retailers, offering a turn-key investment with long-term, stable income.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,950 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$636,363
Price Per SF
$326.34
Cap Rate
5.50%
NOI
$35,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Opportunity Zone
Yes

AMENITIES

  • Signage
  • Listing ID: 37691151

  • Date on Market: 9/16/2025

  • Last Updated:

  • Address: 2504 N Summit St, Arkansas City, KS 67005

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