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3050 Riffel Dr
Salina, KS 67401
Perkins Restaurant & Bakery: Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
ABOUT 3050 RIFFEL DR , SALINA, KS 67401
Perkins Restaurant & Bakery has 19 years remaining on an Absolute NNN lease with attractive 1% annual rental escalations during initial lease term with four 5-year renewal options. The tenant, CyHawk Hospitality, Inc. is an experienced 17-unit Perkins franchise with locations in Iowa, Colorado, Kansas, Missouri, South Dakota, & Nebraska. This lease is also personally guaranteed by a high net worth operator! Perkins Restaurant & Bakery is located in Salina, Kansas off I-35 and in a main retail corridor across the street from Lowe’s Home Improvement with excellent drive by visibility. Nearby retailers include: Walmart Supercenter, Target, Sam’s Club, Lowe’s Home Improvement, Menards, Hobby Lobby, Ashley HomeStore, Kohl’s, Marshalls, Five Below, Old Navy, JOANN Fabrics, Big Lots, Tractor Supply Co., JCPenney, Books-A-Million, Hibbett Sports, Goodwill, Dillons, AMC Salina, etc. This asset is 2.5 miles from Kansas State University Polytechnic Campus (enrollment of 814), 3 miles from Kansas Wesleyan University (enrollment of 791) and 4 miles from Salina Regional Health Center (393 licensed beds). *In Association with Kansas Local Broker: Robert E. Begley, Lockwood Realty, LLC #232226
PROPERTY TAXES
| Parcel Number | 131-02-0-10-09-005.00-0 | Improvements Assessment | $246,755 |
| Land Assessment | $229,595 | Total Assessment | $476,350 |
PROPERTY TAXES
