213 W 43rd St, Hays, KS, 67601
Hays Retail Strip
Key Information
Highlights
• Walmart-shadowed strip center located at 213 W 43rd St, Hays, KS 67601, offering investors exposure to a retail asset positioned adjacent to a major national anchor and within an established retail trade area and major upside.
• Constructed in 2022, the property offers a modern retail facade and a desirable location for service-oriented tenants. Along with no near term capital improvements needed.
• The asset presents a compelling value-add opportunity with only 35% current occupancy, allowing an investor to strengthen cash flow by leasing up the vacancies.
• Potential to achieve a 10%+ pro forma cap rate through successful stabilization and execution of the leasing strategy.
• The asset is positioned in a strong retail corridor just off Interstate 70, providing convenient access and connectivity along one of the primary east-west transportation routes through Kansas.
Photos




