Orscheln Farm & Home
1160 W. Amity St. Louisberg, KS 66053
- 22,329 Square Feet
- For Sale
We are pleased to offer a proven single tenant retail asset that is 100% leased to Orscheln Farm & Home on a NN, fee simple (land and building) lease. Comprised of 32,329 square feet along West Amity Street in Louisburg, KS, the lease has more than 7 years remaining on an original 15 year primary term that includes 4 -5 year option periods. The lease provides for fixed rental increases during the primary and option periods, providing inflation protection to a new owner. The next rental increase will take place on March 1, 2018 in the amount of an additional $125,523 / year, further providing an investor with a near term rent increase. Landlord is responsible for structure (does not include roof).
Property Status: Single Tenant NNN Investment
Building Size: 22329 Square Feet
Area Available: 22,329 Square Feet