For Sale
$2,221,200

1411 Kansas AveLiberal, KS 67901

High-traffic Starbucks & T-Mobile storefront

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 4,743 square foot retail property in Liberal, Kansas, is NNN-leased to Starbucks and T-Mobile, two BBB+ credit-rated tenants with a combined market cap of $292 billion. The lease has 8.2 years remaining, with a 7.3% rent increase scheduled for 2027, offering near-term income upside. Strategically located on a hard corner signalized intersection with high visibility and traffic counts (15,700 VPD) along N Kansas Ave & E 15th St – the highest within a 20-mile radius. The property benefits from its proximity to a Dillon's Grocery & Fuel Center (1.12 million annual customer visits), a 101-bed acute care hospital ($223.5 million in 2023 patient revenue), and a Walmart Supercenter (2.5 million annual customer visits), providing strong anchor support. Its location across from Liberal Plaza (407,000 annual customer visits) further enhances its desirability. Liberal, Kansas boasts a robust economy and school system, with a low 2.5% unemployment rate and a top-ranked high school. The asking price is $2,221,200, representing a price per square foot of $468.31. This investment presents a compelling opportunity due to its strong tenant base, prime location, and positive economic indicators. The property's high traffic location and established tenant occupancy make it an attractive investment for long-term growth and stable income.

Highlights

  • NNN-leased to investment-grade tenants Starbucks and T-Mobile (BBB+ credit rating), boasting a combined market cap exceeding $292 billion.
  • 8.2 years of remaining lease term.
  • 7.3% rent increase scheduled for 2027.
  • Outparcel in a plaza anchored by Dillon's Grocery & Fuel Center, drawing 1.12 million annual customer visits (Liberal's second-largest grocery store).
  • High-traffic corner location at a signalized intersection with 15,700 vehicles per day (VPD) on N Kansas Ave & E 15th St—highest traffic counts within a 20-mile radius.
  • Adjacent to Southwest Medical Center, a 101-bed hospital generating $223.5 million in patient revenue in 2023.

Property Details for 1411 Kansas Ave

Property type
Retail properties, Retail space
Square Feet
4,743 SF

Location Insight

City
Liberal
County
Seward
State
Kansas
Latitude
37.05286453374
Longitude
-100.92211417926
1411 Kansas Ave, Liberal, Kansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1411 Kansas Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message