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213 W 43rd St
Hays, KS 67601
Hays Retail Strip · Retail Property For Sale

Investment Highlights

  • Walmart-shadowed strip center in an established retail trade area with major upside
  • Value-add opportunity with only 35% current occupancy
  • Strong retail corridor just off Interstate 70 in Hays, KS
  • 2022 construction with modern retail facade and no near-term capital improvements needed
  • Potential to achieve a 10%+ pro forma cap rate through successful stabilization

Executive Summary

Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
239429, #CO00002672 (KS)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,841 SF
Building Class
B
Year Built
2022
Price
$2,327,853 CAD
Price Per SF
$214.73 CAD
Cap Rate
10.19%
NOI
$237,321 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.15 AC
Zoning
C

Property Taxes

Property Taxes

Parcel Number
135-21-0-00-01-016.17
Land Assessment
$94,917 CAD
Improvements Assessment
$244,629 CAD
Total Assessment
$339,546 CAD
  • Listing ID: 41463662

  • Date on Market: 2026-07-28

  • Last Updated:

  • Address: 213 W 43rd St, Hays, KS 67601

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