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620 N Baltimore St
Derby, KS 67037
Former Grene Vision · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- No deferred maintenance
- Ideal sized retail suites
- Great visibility, high traffic counts along K-15
EXECUTIVE SUMMARY
For Sale: Prime 5-Unit Retail Center – Ideal Investment Opportunity!
?? Property Overview:
5 Unit Retail Center – 87% Leased with 4 NNN Leases in place
No Deferred Maintenance – Ready for immediate occupancy or continued rental income
High-Quality Exterior Finishes – Modern, professional appearance
Monument Signage – Excellent visibility for maximum exposure
Great Location – High-traffic area with strong potential for foot traffic and business growth
?? Key Features:
Secure and stable income stream with tenants responsible for taxes, insurance, and maintenance.
Turnkey Condition: No deferred maintenance – all the hard work has been done.
Outstanding Visibility: Prominent street frontage and monument signage, ensuring your tenants' businesses are easily seen and accessible.
Solid Investment: Perfect for both seasoned investors and first-time buyers looking for a hassle-free, income-generating property.
?? Perfect For:
Retailers, restaurants, or service providers seeking high exposure
Investors looking for a low-maintenance, cash-flowing asset
Anyone seeking to expand their commercial portfolio with minimal risk
Contact us today to schedule a tour or request additional information about this exceptional investment property!
?? Brett Gehrer (316)208-6160
?? GrowWithPetra.com
?? Property Overview:
5 Unit Retail Center – 87% Leased with 4 NNN Leases in place
No Deferred Maintenance – Ready for immediate occupancy or continued rental income
High-Quality Exterior Finishes – Modern, professional appearance
Monument Signage – Excellent visibility for maximum exposure
Great Location – High-traffic area with strong potential for foot traffic and business growth
?? Key Features:
Secure and stable income stream with tenants responsible for taxes, insurance, and maintenance.
Turnkey Condition: No deferred maintenance – all the hard work has been done.
Outstanding Visibility: Prominent street frontage and monument signage, ensuring your tenants' businesses are easily seen and accessible.
Solid Investment: Perfect for both seasoned investors and first-time buyers looking for a hassle-free, income-generating property.
?? Perfect For:
Retailers, restaurants, or service providers seeking high exposure
Investors looking for a low-maintenance, cash-flowing asset
Anyone seeking to expand their commercial portfolio with minimal risk
Contact us today to schedule a tour or request additional information about this exceptional investment property!
?? Brett Gehrer (316)208-6160
?? GrowWithPetra.com
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,460 SF
Building Class
B
Year Built
1997
Price
$1,205,000
Price Per SF
$142.43
Cap Rate
7.50%
NOI
$90,375
Percent Leased
86%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.59 AC
Zoning
B-4 - Commercial Zone
Parking
34 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
187’ on N Baltimore St
AMENITIES
- Monument Signage
PROPERTY TAXES
| Parcel Number | 241-01-0-43-09-002.00A | Improvements Assessment | $112,035 |
| Land Assessment | $21,525 | Total Assessment | $133,560 |
PROPERTY TAXES
Parcel Number
241-01-0-43-09-002.00A
Land Assessment
$21,525
Improvements Assessment
$112,035
Total Assessment
$133,560
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