475 Mccall RdManhattan, KS 66502
- Commercial real estate
- 0.63 AC
Property Details for 475 Mccall Rd
- Year built
- 2023
- Lot size
- 0.63 AC
- Property type
- Commercial real estate
- APN
- 313-08-0-30-03-007.05-0
- APU
- 3130803003007050
Description
This exceptional 1,171-square-foot Class A QSR building, located at 475 McCall Road in Manhattan, Kansas, presents a compelling investment opportunity. Situated on a 0.64-acre corner lot, this newly constructed property boasts high visibility, attracting over 12,445 vehicles daily. Its strategic location near major retailers such as Menards, Panda Express, and Xpress Wellness Urgent Care, along with national brands like Walmart, HyVee, and Chick-fil-A, ensures significant foot traffic and brand recognition. The property's proximity to Kansas State University (less than a mile away, with 24,000 students) and several large apartment complexes further enhances its appeal. Currently housing a Tropical Smoothie Cafe franchise, a nationally recognized fast-casual chain with over 1,100 locations, this property offers multiple usage options. It can be operated as an owner-user business, leveraging the established Tropical Smoothie Cafe brand, or sold as an absolute net leased asset, providing a stable income stream. The asking price is $2,300,000, translating to $1,964.13 per square foot. This prime location and versatile property make it an ideal investment for both owner-operators and passive investors seeking a high-return asset in a thriving market. The property's strong location and established tenant make it a rare opportunity in the Manhattan, Kansas market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,428,522
- Hospitality
- $4,972,497
- Educational
- $4,137,059
- Medical
- $4,279,339
- Retail
- $6,435,425
Location Insight
- City
- Manhattan
- County
- Pottawatomie
- State
- Kansas
- Latitude
- 39.19
- Longitude
- -96.5519
- CBSA code
- 31740
- CBSA name
- MANHATTAN, KS MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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