Property Description

The building is occupied by Gordan’s which is owned by the NYSE company Stage Stores, Inc. under a triple net lease. Recently renewed for 5 years at $2,200 monthly base rent with one 5 year renewal option at $2,750 monthly base rent. The building had been consistently leased since 1988. Owner is responsible for shell of building and roof. Roof replaced by owners in 2018. Tenant is responsible property insurance, taxes, interior building maintenance, HVAC, plumbing and utilities. More information on Kansas Commercial Real Estate Exchange, Loopnet, Co-Star and City Feet. See attached disclosures and brochure. MLS Number: 577489


On Summit Street in Downtown Arkansas City

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Rob Pestinger

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