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Investment Highlights

  • Excellent visibility with exposure to 33,000+ vehicles per day

Executive Summary

• Fully leased Class A medical investment
• Predictable Cash Flow with scheduled rent escalations
• Anchor tenant controls occupancy through 2045 with extension options
• Diversified medical tenant mix
• Excellent visibility with exposure to 33,000+vehicles per day
• Regional commercial destination at US-54 & Andover Road serving Andover and the surrounding communities

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
17,239 SF
Building Class
B
Year Built
2006
Price
$4,446,464 CAD
Price Per SF
$257.93 CAD
Cap Rate
6.76%
NOI
$300,598 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.60 AC
Zoning
Urban District

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Andover Drug
  • Retailer
  • -
  • -
  • -
  • Family Medical Ctr
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Kansas Skin LLC
  • Services
  • -
  • -
  • -
  • Loyd, Kristin, Ann
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Sparks Eye Care
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Stone Creek Nursery
  • Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Andover Drug Retailer - - -
Family Medical Ctr Health Care and Social Assistance - - -
Kansas Skin LLC Services - - -
Loyd, Kristin, Ann Health Care and Social Assistance - - -
Sparks Eye Care Health Care and Social Assistance - - -
Stone Creek Nursery Services - - -
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Dillons
Capitol Federal Savings Bank
Scooter's Coffee
Billy Sims BBQ
Applebee's
Starbucks
Bank of America
Freddy's Frozen Custard & Steakburgers
Equity Bank
Dutch Bros

Property Taxes

Property Taxes

Parcel Number
309-30-0-10-02-008-00-0
Land Assessment
$200,644 CAD
Improvements Assessment
$452,362 CAD
Total Assessment
$653,006 CAD
  • Listing ID: 41966396

  • Date on Market: 2026-09-01

  • Last Updated:

  • Address: 307 W US Highway 54, Andover, KS 67002

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