Hutchinson, KS 67501

Planet Fitness / Dollar Tree / Dillon’s Ground Lease

Property Address

401 East 4th Avenue, Hutchinson, KS, USA

Offering Summary

  • Price: $3,745,000
  • Lot Size: 3.98 Acres
  • Cap Rate: 7.50%
  • Year Built: 1968
  • Building SF: 50,420
  • Status: Available
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  • Leased to Dollar Tree and Planet Fitness, Two National Tenants
  • NNN Leases with Rental Increases Every 5 Years and Multiple Renewal Options
  • 46,179 Residents within a 5-Mile Radius
  • Located Adjacent to Downtown Hutchinson
  • One Mile South of Hutchinson High School and Hutchinson Community College
  • Multiple Points of Access via North Plum Street, East 3rd Avenue, North Elm Street, and East 4th Avenue

Broker Information