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Shoe Carnival & Buffalo Wild Wings 2580 S 9th St 14,859 SF 100% Leased Retail Building Salina, KS 67401 $3,700,189 CAD ($249.02 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Two-Tenant Buffalo Wild Wings & Shoe Carnival Center | Long-Operating History
- Shadow-Anchored by Kohl’s + Sephora | Kohl’s Parcel is Corporately Owned and has been Operating at this Location since 2008
- 0.8 Miles from Central Mall which Ranks in the Top Eight Percent of Shopping Centers Nationwide by Visits and Attracts 3.9 Million Annual Visitors
- Both Tenants have been Operating since 2014 | Both Recently Extended their Leases
- 0.6 Miles from the On/Off Ramp of Interstate-135, which sees 21,200 Vehicles per Day | Offers Visibility of the Center from the Interstate
- 32,841 People Live and 32,468 People Work within a Three-Mile Radius
EXECUTIVE SUMMARY
This two-tenant Buffalo Wild Wings and Shoe Carnival center has a long operating history, with both original tenants in place since 2014, demonstrating strong commitment to the site. Both tenants operate under net leases featuring built-in rental increases and renewal options, with recent lease extensions in place. The property sits on a large 10.70-acre lot with 120 parking spaces. Shadow-anchored by Kohl’s, the center is located along a heavily traveled retail corridor near Interstate-135. The property is surrounded by top-performing shopping centers that draw millions of annual visitors, providing strong retail synergy. It is also conveniently located near three college campuses—Kansas Wesleyan University, Salina Area Technical College, and Kansas State University Salina Aviation—as well as Salina South High School. This investment offers a premier location with proven tenants, offering significant value.
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,859 SF
Building Class
B
Year Built
2014
Price
$3,700,189 CAD
Price Per SF
$249.02 CAD
Cap Rate
8%
NOI
$296,015 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
10.70 AC
Parking
120 Spaces (8.08 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 087-35-0-10-01-003.02-0 | Improvements Assessment | $117,633 CAD |
| Land Assessment | $689,789 CAD | Total Assessment | $807,423 CAD |
PROPERTY TAXES
Parcel Number
087-35-0-10-01-003.02-0
Land Assessment
$689,789 CAD
Improvements Assessment
$117,633 CAD
Total Assessment
$807,423 CAD
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Shoe Carnival & Buffalo Wild Wings | 2580 S 9th St
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