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Miscellaneous

Mattress Firm Wichita MSA

1725 N Rock Rd, Derby, KS 67037

Listing Price: $2,141,241

Cap Rate
7.25%
Tenant Name
Mattress Firm
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$38.81

Investment Overview

Mattress Firm Derby is a 4,000 square-foot, single tenant asset situated next to Aldi and directly across from Derby Marketplace, a 600,000 square-foot, Target anchored retail center in Derby's primary retail trade area.

Investment Highlights

  • 15% Rental Escalations Every 5-Years
  • 22,715 VPD Past the Site
  • Derby is the Largest Suburb of Witchita, Kansas
  • The Subject Property is Located Across from Derby MarketPlace, a 600,000 Square Foot Target Anchored, Shopping Center with National Tenants TJMAXX, Hobby Lobby, Hibbett Sports, and Dillons MarketPlace Grocery
  • Outparcel Tenants Include Starbucks, IHOP, Chick-fil-A, Chipotle and Panera

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Miscellaneous

Mattress Firm Wichita MSA

Listing Price: $2,141,241

Cap Rate
7.25%
Tenant Name
Mattress Firm
Years Remaining On Lease
5.3
Guarantor
Corporate Guarantee
Rentable SF
4,000
Lease Type
Double Net
Rent Per Square Feet
$38.81

Investment Highlights

  • 15% Rental Escalations Every 5-Years
  • 22,715 VPD Past the Site
  • Derby is the Largest Suburb of Witchita, Kansas
  • The Subject Property is Located Across from Derby MarketPlace, a 600,000 Square Foot Target Anchored, Shopping Center with National Tenants TJMAXX, Hobby Lobby, Hibbett Sports, and Dillons MarketPlace Grocery
  • Outparcel Tenants Include Starbucks, IHOP, Chick-fil-A, Chipotle and Panera

Investment Overview

Mattress Firm Derby is a 4,000 square-foot, single tenant asset situated next to Aldi and directly across from Derby Marketplace, a 600,000 square-foot, Target anchored retail center in Derby's primary retail trade area.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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