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2596 South 9th Street
Salina, KS 67401
Asking Price
$1.13M
Cap Rate
6.25%
Asset Type
Storefront Retail
Class
Class B
What's Special
$1.1M | 15% Rent Increase in 2028 | NNN <ul><li><span style="color: rgba(0, 30, 69, 1)">Triple-Net Lease with the Largest AT&T Authorized Retailer in the U.S. (Approximately 2,000 Locations)</span></li><li><span style="color: rgba(0, 30, 69, 1)">15 Percent Rent Increase Upon Execution of First Renewal Option</span></li><li><span style="color: rgba(0, 30, 69, 1)">Situated Along Salina's Primary Retail Corridor, Anchored by: Menards, Sam's Club, Walmart Supercenter, Target, Lowe's, Kohl's, and More</span></li><li><span style="color:
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NOI
$80,000
Cap Rate
7.09%
DSCR
1.19
Tight
Cash-on-Cash
3.83%
Monthly Payment
$5,585.676
Annual Cash Flow
$12,971.888
