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Shopping Strip

Maurices & Hibbett Sports

2020 E 1st St, Pratt, KS 67124

Listing Price: $750,000

Cap Rate
5.09%
Gross SF
9,800
Rentable SF
9,800
Price/Gross SF
$76.53
Lot Size
3.64 acres
Year Built
2012

Investment Overview

Marcus & Millichap is pleased to present the Maurices & Hibbett Sports in Pratt, Kansas.

This two-tenant, nearly 10,000 square foot property was built in 2012 and sits on a 3.62-acre pad. It is located right off of E 1st St (also Highway 400 & 54), where over 13,500 vehicles pass by each day. The retail strip is fully stabilized at 100% occupancy. Maurices occupies the 5,000 square foot endcap on the west end of the center, while Hibbett Sports occupies the additional 4,800 square feet.

Pratt is a city in and the county seat of Pratt County, Kansas. Pratt is also home to Pratt Community College, museums, outdoor recreation and more. The small city is equipped with hotels, restaurants, and events that gives locals and visitors plenty of things to do.

Investment Highlights

  • 9,800 Square Foot Two-Tenant Retail Strip
  • 100% Occupied | Anchored by Hibbett Sports & Maurices
  • Hibbett Sports Operates a Triple Net Lease | Maurices Lease is Gross – Upside Potential for Future Investor to Convert to NNN
  • Easy Access and Excellent Visibility from Highway 400 (E 1st St)
  • Located Directly Across from Walmart Supercenter
  • Other Nearby Traffic Drivers include Dollar Tree, McDonalds, Taco Bell, Tractor Supply, Arby's, Casey's, Sonic Drive-In Among Many Others

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Shopping Strip

Maurices & Hibbett Sports

Listing Price: $750,000

Cap Rate
5.09%
Gross SF
9,800
Rentable SF
9,800
Price/Gross SF
$76.53
Lot Size
3.64 acres
Year Built
2012

Investment Highlights

  • 9,800 Square Foot Two-Tenant Retail Strip
  • 100% Occupied | Anchored by Hibbett Sports & Maurices
  • Hibbett Sports Operates a Triple Net Lease | Maurices Lease is Gross – Upside Potential for Future Investor to Convert to NNN
  • Easy Access and Excellent Visibility from Highway 400 (E 1st St)
  • Located Directly Across from Walmart Supercenter
  • Other Nearby Traffic Drivers include Dollar Tree, McDonalds, Taco Bell, Tractor Supply, Arby's, Casey's, Sonic Drive-In Among Many Others

Investment Overview

Marcus & Millichap is pleased to present the Maurices & Hibbett Sports in Pratt, Kansas. This two-tenant, nearly 10,000 square foot property was built in 2012 and sits on a 3.62-acre pad. It is located right off of E 1st St (also Highway 400 & 54), where over 13,500 vehicles pass by each day. The retail strip is fully stabilized at 100% occupancy. Maurices occupies the 5,000 square foot endcap on the west end of the center, while Hibbett Sports occupies the additional 4,800 square feet. Pratt is a city in and the county seat of Pratt County, Kansas. Pratt is also home to Pratt Community College, museums, outdoor recreation and more. The small city is equipped with hotels, restaurants, and events that gives locals and visitors plenty of things to do.

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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