Log In/Sign Up
Your email has been sent.
SHOE CARNIVAL & BUFFALO WILD WINGS 2584 S 9th St 14,859 SF 100% Leased Retail Building Salina, KS 67401 $2,405,000 ($161.85/SF) 8.49% Cap Rate
Investment Highlights
- 100% leased retail asset occupied by Buffalo Wild Wings and Shoe Carnival, two nationally recognized brands.
- Strategically positioned along South 9th Street, Salina's primary retail corridor and the largest concentration of retail in the trade area.
- Long operating history as both Buffalo Wild Wings and Shoe Carnival are original tenants since 2014. Both tenants have exercised their 1st option.
- Shadow-anchored by Kohl's, with Kohl's operating at this location since 2008 and occupying the adjacent corporately owned parcel.
- Excellent accessibility with proximity to Interstate 135, providing strong regional connectivity and visibility to interstate travelers.
- Three college campuses in Salina- Kansas Wesleyan University, Kansas State University Salina Aviation, & Salina Area Technical College
Executive Summary
This 14,800± SF retail property is fully leased to Buffalo Wild Wings and Shoe Carnival and is strategically located along South 9th Street, Salina's premier retail corridor. The asset is shadow-anchored by a corporately owned Kohl's with Sephora and benefits from exceptional visibility, strong regional accessibility, and proximity to Interstate 135.
Surrounded by the area's leading national retailers and shopping destinations, the property serves as a highly trafficked retail destination within Salina's dominant commercial node. Long-term leases, nationally recognized tenants, and exclusive-use protections provide investors with stable cash flow and durable tenancy.
Surrounded by the area's leading national retailers and shopping destinations, the property serves as a highly trafficked retail destination within Salina's dominant commercial node. Long-term leases, nationally recognized tenants, and exclusive-use protections provide investors with stable cash flow and durable tenancy.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
14,859 SF
Year Built
2014
Price
$2,405,000
Price Per SF
$161.85
Cap Rate
8.49%
NOI
$204,297
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
10.70 AC
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Buffalo Wild Wings
- -
-
99,999 SF
- -
-
Jan 0000
- Shoe Carnival
- -
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Buffalo Wild Wings | - | 99,999 SF | - | Jan 0000 | ||
| Shoe Carnival | - | 99,999 SF | - | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 087-35-0-10-01-003.00-0 | Improvements Assessment | $386,528 |
| Land Assessment | $266,865 | Total Assessment | $653,393 |
Property Taxes
Parcel Number
087-35-0-10-01-003.00-0
Land Assessment
$266,865
Improvements Assessment
$386,528
Total Assessment
$653,393
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
SHOE CARNIVAL & BUFFALO WILD WINGS | 2584 S 9th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.