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1900 Johnson Dr
Derby, KS 67037
Derby Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 14,064 SF Retail center
- Upside potential with vacancy lease up
- Currently 30% occupied
- Financials available upon request
EXECUTIVE SUMMARY
This 14,064 SF retail center presents a compelling investment opportunity in a prime retail corridor, strategically positioned adjacent to a Wal-Mart Supercenter and Atwoods. With 30% occupancy, the property offers significant value-add potential through lease-up of vacant space, enhancing long-term income generation.
Priced at $1,195,000 ($85.00/SF), this asset provides investors with a rare opportunity to acquire a retail property at an attractive basis with strong upside potential. Financials are available upon request.
Priced at $1,195,000 ($85.00/SF), this asset provides investors with a rare opportunity to acquire a retail property at an attractive basis with strong upside potential. Financials are available upon request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,900 SF
Building Class
B
Year Built
1990
Price
$1,645,885 CAD
Price Per SF
$118.41 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.55 AC
Zoning
General Business
Parking
101 Spaces (7.19 Spaces per 1,000 SF Leased)
Frontage
502’ on Johnson Dr
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 217-36-0-31-01-004.00 | Improvements Assessment | $197,072 CAD |
| Land Assessment | $156,807 CAD | Total Assessment | $353,879 CAD |
PROPERTY TAXES
Parcel Number
217-36-0-31-01-004.00
Land Assessment
$156,807 CAD
Improvements Assessment
$197,072 CAD
Total Assessment
$353,879 CAD
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