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Shoe Carnival & Buffalo Wild Wings 2580 S 9th St 14,859 SF 100% Leased Retail Building Salina, KS 67401 $2,684,214 ($180.65/SF) 8% Cap Rate

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Investment Highlights

Two-Tenant Buffalo Wild Wings & Shoe Carnival Center | Long-Operating History
Shadow-Anchored by Kohl’s + Sephora | Kohl’s Parcel is Corporately Owned and has been Operating at this Location since 2008
0.8 Miles from Central Mall which Ranks in the Top Eight Percent of Shopping Centers Nationwide by Visits and Attracts 3.9 Million Annual Visitors

Both Tenants have been Operating since 2014 | Both Recently Extended their Leases
0.6 Miles from the On/Off Ramp of Interstate-135, which sees 21,200 Vehicles per Day | Offers Visibility of the Center from the Interstate
32,841 People Live and 32,468 People Work within a Three-Mile Radius

Executive Summary

This two-tenant Buffalo Wild Wings and Shoe Carnival center has a long operating history, with both original tenants in place since 2014, demonstrating strong commitment to the site. Both tenants operate under net leases featuring built-in rental increases and renewal options, with recent lease extensions in place. The property sits on a large 10.70-acre lot with 120 parking spaces. Shadow-anchored by Kohl’s, the center is located along a heavily traveled retail corridor near Interstate-135. The property is surrounded by top-performing shopping centers that draw millions of annual visitors, providing strong retail synergy. It is also conveniently located near three college campuses—Kansas Wesleyan University, Salina Area Technical College, and Kansas State University Salina Aviation—as well as Salina South High School. This investment offers a premier location with proven tenants, offering significant value.

Buffalo Wild Wings & Shoe Carvinal Costar Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

14,859 SF

Building Class

Year Built

2014

Price

$2,684,214

Price Per SF

$180.65

Cap Rate

NOI

$214,737

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.03

Lot Size

10.70 AC

Parking

120 Spaces (8.08 Spaces per 1,000 SF Leased)

Freeway Visibility

Pylon Sign

Signage

Certified

LEED certification is a globally recognized symbol of sustainability achievement.

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)