620 N Rock Rd
Derby, KS 67037
Bristol Square · Retail Property For Sale

Marcus and Millichap is pleased to exclusively present to qualified investors Bristol Square, located on North Rock Road in Derby, Kansas. This asset is currently 91.8 percent occupied and anchored by a Dollar Tree. Dollar Tree is a national discount retailer with 14,835 locations and over 176,000 employees and publicly traded on NASDAQ with a reported $1.999 billion in net operating income. This multi-tenant retail property consists of 36,542 net rentable square feet of which 3,000 square feet is available for lease. The total lot area is 4.85 acres located in the heart of a major retail corridor and enjoys a traffic count of 26,000+ vehicles per day. The property is surrounded by many national brands such as McDonald’s, Arby’s and Subway. Title Boxing is also a national fitness brand with over 150 locations. This establishment brings traffic in with classes being held at 36 different times per week bringing unique visitors with each class. The city of Derby population is 23,214 although the population has grown by 44 percent over the last eight years. Derby, part of the Wichita MSA, is located eight miles from Wichita, the largest city in Kansas with a population of 380,000. The median household income in Derby is $68,695. The West side of Derby has been approved for a revitalization project through the city and the East side is being developed with new single family homes. Bristol Square is being offered at a going-in capitalization rate of 8.07 percent, $102 per square foot with a 10.23 percent cash flow in-place