Orscheln Farm & Home

1160 W. Amity St. Louisberg, KS 66053

  • 22,329 Square Feet
  • Retail
  • For Sale

Summary Description

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

Price: $2,345,000.00

Building Size: 22329 Square Feet

Area Available: 22,329 Square Feet

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