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2504 N Summit St
Arkansas City, KS 67005
Dillons · Retail Property For Sale
Investment Highlights
- Long-Term Ground Lease with Zero Landlord Responsibilities
- Directly Across from Walmart Supercenter
- Positioned in Arkansas City’s Dominant Retail Corridor
- Corporate Guaranty from Publicly Traded Parent Company
- Brand-New 2025 Construction
- Integrated with Dillons Grocery Network
Executive Summary
Northmarq is pleased to present for sale a rare opportunity to acquire a brand-new, retail property located at 2504 N Summit St, Arkansas City, Kansas (“the Property”). The Property consists of approximately 20,800 square feet of retail space on a .48 acre parcel. It is leased to Dillons and guaranteed by Kroger Co. under a brand new 20-year ground lease agreement. Recently opened, the Property has been fully repositioned with modern upgrades to suit national retailers, offering a turn-key investment with long-term, stable income.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
1,950 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$854,338 CAD
Price Per SF
$438.12 CAD
Cap Rate
5.60%
NOI
$47,843 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Opportunity Zone
Yes
Amenities
- Signage
1 of 5
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