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4 7 0 5 C e n t r a l S t r e e t , K a n s a s C i t y , M i s s o u r i 6 4 1 1 2 - P ) 8 1 6 . 9 6 0 . 1 4 4 4 - F ) 8 1 6 . 9 6 0 . 1 4 4 1 - w w w . l a n e 4 g r o u p . c o m
Tom o’Learysenior vice presidenT
For more information contact:
• Absolute net leased property for sale
• Tenant - Sports Authority, Inc.
• 52,259 SF building on 5.62 acres
• Lease terms 1/2002 - 2/2017 with 3 five year options
• Offering Price: $5 Million
• 10% rental increase in March of 2012
Population
Average HH Income
1 MILE
12,406
$ 62,277
3 MILES
70,083
$ 75,357
5 MILES
155,737
$ 64,732
DEMOGRAPHICS
SINGLE TENANT NNN LEASE
INVESTMENT OPPORTUNITY
6959 E 21st STREET NORTH (21st & WOODLAWN)
WICHITA, KANSAS
4 7 0 5 C e n t r a l S t r e e t , K a n s a s C i t y , M i s s o u r i 6 4 1 1 2 - P ) 8 1 6 . 9 6 0 . 1 4 4 4 - F ) 8 1 6 . 9 6 0 . 1 4 4 1 - w w w . l a n e 4 g r o u p . c o m
6959 E 21st STREET NORTH (21st & WOODLAWN)WICHITA, KANSAS
SINGLE TENANT NNN LEASEINVESTMENT OPPORTUNITY
Tom o’Learysenior vice presidenT
For more information contact:
SITE
Town EaST SquarE:Dillard’s, JC Penney, Targetold navy, Sears, Von Maur
SITE
4 7 0 5 C e n t r a l S t r e e t , K a n s a s C i t y , M i s s o u r i 6 4 1 1 2 - P ) 8 1 6 . 9 6 0 . 1 4 4 4 - F ) 8 1 6 . 9 6 0 . 1 4 4 1 - w w w . l a n e 4 g r o u p . c o m
6959 E 21st STREET NORTH (21st & WOODLAWN)WICHITA, KANSAS
SINGLE TENANT NNN LEASEINVESTMENT OPPORTUNITY
Tom o’Learysenior vice presidenT
For more information contact:
INVESTMENT OVERVIEWHIgHLIgHTS:
• Net lease with corporate guarantee
• 10% rent increase every 5 years
• Class A construction and location
• $75,357 average household income within a 3 mile radius
• Property offered debt-free
Tenant:
List Price:
List Cap Price:
Annual Rent:
Rent per Sq. Ft.:
Rental Increases:
gross Leasable Area:
Price per Sq. Ft.:
Lease Type:
Year Built:
Lot Size:
Lease Expiration:
Renewal Options:
TSA Stores, Inc
$5,000,000
10.23%
$511,662
$9.79
10% every 5 years
52,259 sq. ft.
$95.00
nnn
1994 - Renovated 2002
5.63 Acres
February 28, 2017
3 - 5 year options
The Sports Authority, Inc. is the number one
U.S. sporting goods chain with more than
450 stores in 45 states. The chain sells sports
equipment, general merchandise, shoes,
bikes and apparel with a focus on premium
brands. The company’s 2003 merger with gart
Sports (owner of the Sportmart and Osh-
man’s chains), marked a major consolidation
in the sporting goods retail industry with the
merged company coming out on top. Senior
management of The Sports Authority to-
gether with an investor group led by Leonard
green & Partners took the company private in
2006. With nearly $3B in sales in 2008, Forbes
ranked The Sports Authority as the 140th larg-
est private company. The company is head-
quartered in Englewood, Colorado and has
over 15,000 employees.
