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AT&T 2596 S 9th St 2,520 SF Retail Building Salina, KS 67401 $1,129,000 ($448.02/SF) 6.25% Cap Rate
Investment Highlights
- Triple-Net Lease with the Largest AT&T Authorized Retailer in the U.S. (Approximately 2,000 Locations)
- Situated Along Salina's Primary Retail Corridor, Anchored by: Menards, Sam's Club, Walmart Supercenter, Target, Lowe's, Kohl's, and More
- Easily Accessible Location Immediately Off Interstate 135 (Approximately 21,200 Cars per Day)
- 15 Percent Rent Increase Upon Execution of First Renewal Option
- Less Than Two Miles South of Kansas Wesleyan University (Approximately 1,000 Students)
- Excellent Frontage Along South 9th Street, a Significant Thoroughfare for the Salina Area
Executive Summary
AT&T (NYSE: T) is the world’s largest telecommunications company and the largest provider of mobile telephone services in the U.S. As of 2026, AT&T was ranked #35 on the Fortune 500. AT&T’s entire wireless network covers more than 99 percent of Americans.
Salina is a city in, and the county seat of, Saline County, Kansas, home to an estimated 53,000 people. The city is conveniently located at the crossroads of I-70 and I-35 in central Kansas. Salina has a strong, diverse economic base, a low cost of living, and high-quality health care.
Salina is a city in, and the county seat of, Saline County, Kansas, home to an estimated 53,000 people. The city is conveniently located at the crossroads of I-70 and I-35 in central Kansas. Salina has a strong, diverse economic base, a low cost of living, and high-quality health care.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,520 SF
Building Class
B
Year Built
2017
Price
$1,129,000
Price Per SF
$448.02
Cap Rate
6.25%
NOI
$70,560
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.31 AC
Frontage
156’ on South 9th Street
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 087-35-0-10-01-003.01-0 | Improvements Assessment | $51,728 |
| Land Assessment | $120,023 | Total Assessment | $171,751 |
Property Taxes
Parcel Number
087-35-0-10-01-003.01-0
Land Assessment
$120,023
Improvements Assessment
$51,728
Total Assessment
$171,751
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AT&T | 2596 S 9th St
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