2510 Santa Fe AveChanute, KS 66720

Property Details for 2510 Santa Fe Ave

Year built

1995

Lot size

1.31 AC

Property size (Sq ft)

15,475 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

048-33-0-00-03-004.00-0

APU

483300003004000

Description

This exceptional retail space, located at 2510 S Santa Fe Ave in Chanute, Kansas, offers 1,200 square feet of prime commercial real estate within a thriving Walmart-anchored strip center. The property is currently vacant and ready for immediate occupancy. The single-tenant space presents a fantastic opportunity for businesses seeking high visibility and foot traffic in Chanute's premier retail area. The lot size encompasses 1.3 acres, providing ample space and potential for future expansion. While two 1,200 square foot units are currently available, there's a possibility of combining them to create a larger 2,400 square foot space, contingent upon internal tenant relocation. The asking rent is $1,200 per month for each 1,200 square foot unit, with additional net, net, net (NNN) fees. This location offers unparalleled access to a substantial customer base, making it an ideal investment for a variety of retail businesses. The property's strategic placement within a busy shopping center ensures high visibility and convenient access for customers. Don't miss this chance to establish your business in a vibrant and successful retail environment. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,827,980

  6.5%

  $3,533,520

  7%

  $3,281,126

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,789,456

  Geo Method

  $2,789,456

• Alternative Use

  Use

  Valuation

  Residential

  $2,980,656

  Hospitality

  $2,730,265

  Educational

  $2,271,548

  Medical

  $2,349,670

  Retail

  $3,533,520

Location Insight

City

Chanute

County

Neosho

State

Kansas

Latitude

37.6552

Longitude

-95.4521

Property Tax & Assessments

FAQs

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