211 S Summit St

    Arkansas City, KS 67005
    • $250,000
    • STATUS: Active
    • MLS #: 577489
    UPDATED: 233 min ago
    $250,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,200
      SQFT
    • $19
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    The building is occupied by Gordan's which is owned by the NYSE company Stage Stores, Inc. under a triple net lease. Recently renewed for 5 years at $2,200 monthly base rent with one 5 year renewal option at $2,750 monthly base rent. The building had been consistently leased since 1988. Owner is responsible for shell of building and roof. Roof replaced by owners in 2018. Tenant is responsible property insurance, taxes, interior building maintenance, HVAC, plumbing and utilities. More information on Kansas Commercial Real Estate Exchange, Loopnet, Co-Star and City Feet. See attached disclosures and brochure.

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    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2020 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-05-30T00:00:51.74.
    www.candacecan.com/homes/103177843

    211 S Summit St Arkansas City, KS 67005

    • Price: $250,000
    • Status: Active
    • Updated: 233 min ago
    • MLS #: 577489
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    13,200
    SQFT
    $19
    $/SQFT
    1957
    Built
    Neighborhood:
    Arkansas City
    County:
    Cowley
    Area:
    C15 - Arkansas City
    Property Description
    The building is occupied by Gordan's which is owned by the NYSE company Stage Stores, Inc. under a triple net lease. Recently renewed for 5 years at $2,200 monthly base rent with one 5 year renewal option at $2,750 monthly base rent. The building had been consistently leased since 1988. Owner is responsible for shell of building and roof. Roof replaced by owners in 2018. Tenant is responsible property insurance, taxes, interior building maintenance, HVAC, plumbing and utilities. More information on Kansas Commercial Real Estate Exchange, Loopnet, Co-Star and City Feet. See attached disclosures and brochure.
    Exterior Features

    Construction All Brick Frontage City ArterialHighway Loading Dock None Location Central Business District Miscellaneous Features Elevator Overhead Doors None Parking Parking LotStreet Parking Rail None Roof Flat Roof Sidewall Height None

    Interior Features

    Cooling Electric Floors Other/See Remarks Heating Gas Levels 1 Sq Ft Building 10001 - 20000 Sq Ft Max Continguous 13200 Sq Ft Min Available 13200 Sq Ft Net Rentable 13200 Sq Ft Vacant 0

    Property Features

    Commercial Type Retail Electrical 220 Volt Flood Insurance Unknown Gross Income 26400 Improvements 250000 Invest Package Available Yes Owner Paid Expenses External Building Repairs Ownership Individual Present Use Retail Property Taxes 6743.38 Sale Or Lease Sale Sale Or Rent For Sale Special Balance 0 Special Tax Year 2019 Tax Specials 0 Tax Year 2019 Tenant Paid Expenses ElectricityGasInternal Building RepairsJanitorialMechanical RepairsPersonal Property TaxProperty InsuranceReal Estate TaxSite MaintenanceTrashWater Terms Of Lease 5 Years Or LessOption To RenewExisting Leases Utilities GasElectricCity WaterCity Sewer Zoning Central Bus Dis

    Listing information © 2020 South Central Kansas Multiple Listing Service, Inc. Listing provided courtesy of Coldwell Banker Plaza Real Estate.


    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2020 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-05-30T00:00:51.74.
     
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