1411 Kansas AveLiberal, KS 67901

Property Details for 1411 Kansas Ave

Property size (Sq ft)

4,743 SF

Property type

Retail properties

Property subtype

Retail space

Description

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.

Location Insight

City

Liberal

County

Seward

State

Kansas

Latitude

37.0529

Longitude

-100.922

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