Investment Overview

The subject investment property is situated along North Vine Street which boasts average daily traffic counts of approximately 16,000 vehicles and also serves as an access route to Interstate-70, which brings an additional 12,000 vehicles into the immediate area on average daily. There are more than 22,000 individuals residing within a five-mile radius of the property and more than 25,000 individuals within a ten-mile radius.
The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers and hospitality accommodations all within close proximity. Major national tenants include: Walmart Supercenter, The Home Depot, Hobby Lobby, Goodwill, J.C. Penney, McDonalds, IHOP, Arbys, Subway, Wendys and many other quick service restaurants. Additionally, eight hospitality accommodations are within immediate proximity to the subject investment property. These include: Fairfield Inn, Comfort Inn, Best Western, Hampton Inn, Super 8, Quality Inn and several others. This property also benefits from being situated within a two-mile radius of The University of Kansas Medical Center, a 200-bed medical facility. There is a strong academic presence in the local area as well, Fort-Hays State University is located less than three miles from the subject property and has approximately 13,000 students enrolled.