1600 11Th AveHutchinson, KS 67501

For Lease
$8/SF/YR

Prime Retail Space, Multiple Suites Available

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 12,170 square foot retail strip center, located at 1600-1624 E 11th Street in Hutchinson, Kansas, presents a compelling investment opportunity. Built in 2000, this Class B property sits on a 1.37-acre lot (59,677 square feet) and is zoned C4. The single-story building offers multiple tenancy options, with three suites currently available. Individual suite sizes range from a minimum of 1,260 square feet to a maximum contiguous space of 5,200 square feet, allowing for flexibility to accommodate various business needs. Larger spaces can be created by combining available suites. The property boasts existing tenants, including Sally Beauty and Hutchinson Vape & Tobacco, demonstrating strong existing occupancy and market demand. The lease rate is $8.00 per square foot, NNN, with estimated net operating income of $4.00 per square foot. This well-located retail center provides excellent visibility and accessibility, making it an ideal investment for both established businesses and new ventures seeking a prime location in Hutchinson, Kansas, zip code 67501. The property's strategic location and existing tenant base offer a stable income stream and significant potential for future growth.

Highlights

  • 12,170 SF retail strip center in Hutchinson, KS on a 1.37-acre lot.
  • Class B property built in 2000, zoned C4, with three available suites ranging from 1,260 SF to 5,200 SF.
  • $8.00/SF NNN lease rate, estimated NOI of $4.00/SF.
  • Excellent visibility and accessibility near major intersection of 17th and Lorraine St., adjacent to Hutchinson Mall, with strong existing tenants (Sally Beauty, Hutchinson Vape & Tobacco) and nearby national retailers.

Property Details for 1600 11Th Ave

Property type
Neighborhood centers, Other retail properties
RSF (Rentable sq. ft)
12,170 SF
Class
B
Year Built
2000
Buildings
1
Stories
1

Unit(s) available at that property

Space
1600
Size
2,400 SF
Rate per SF
$8
Space
1624
Size
2,400 SF
Rate per SF
$8
Space
1616
Size
2,800 SF
Rate per SF
$8

Location Insight

City
Hutchinson
County
Reno
State
Kansas
Latitude
38.065156556131
Longitude
-97.898190239104
1600 11Th Ave, Hutchinson, Kansas

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1600 11Th Ave
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