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550 S 129th St
Bonner Springs, KS 66012
Walgreens | 11+ Years | 6.50% Cap | NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 50 BPTS HIGHER YIELD THAN AVERAGE MARKET COMPS
  • ADJACENT TO OLD DOMINION FREIGHT LINE’S BRAND NEW $45 MILLION INDUSTRIAL DEVELOPMENT DIRECTLY NORTH & INTERSTATE 70
  • OVER-SIZED 2.53 ACRE LOT WITH MULTIPLE POINTS OF INGRESS/EGRESS
  • PASSIVE LEASE STRUCTURE – TENANT RESPONSIBLE FOR ALL CAM, TAXES, INSURANCE, ROOF & STRUCTURE – NO LANDLORD RESPONSIBILITIES
  • SURROUNDED BY VARIOUS NATIONAL RETAILERS: PRICE CHOPPER, WALMART, AUTOZONE, MCDONALD’S, STARBUCKS AND CALIBER COLLISION
  • STRONG DEMOGRAPHICS: AVERAGE HOUSEHOLD INCOME IN 3 MILES IS APPROXIMATELY $85,000

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.53 AC
Zoning
GB - General Business
Parking
61 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
346’ on South 129th Street

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400700
Land Assessment
$137,538
Improvements Assessment
$360,878
Total Assessment
$498,416
  • Listing ID: 29566653

  • Date on Market: 9/20/2023

  • Last Updated:

  • Address: 550 S 129th St, Bonner Springs, KS 66012

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