Description

104 S Broadway St is a fully occupied retail property for sale at 104 South Broadway Street in Leavenworth, KS. Goodwill occupies the 11,500 SF building, giving investors an income-producing asset with an established tenant at a signalized corner.

The property has 11,500 SF of gross leasable area on 1.57 acres, with 32 parking spaces and a 2024 renovation. Its position at the intersection of S Broadway Street and Shawnee Street gives the store a defined presence for customers and donation traffic. Goodwill has operated at this location since 2003, and the property remains 100% occupied. For a retail investor, the site, parking and long operating history form a clear picture of how the tenant uses the real estate.

The corner sits near other retail businesses, including DQ and Family Dollar, with downtown Leavenworth nearby. Fort Leavenworth is 2 miles from the property, placing the store within reach of the installation and its base-supported population. Downtown Kansas City is 32 miles away. These landmarks put the address in context: the investment is tied to a Leavenworth retail location rather than a speculative leasing plan, with an identifiable corner and an established store already in place.

The asking price is $1,457,000, or $126.70 PSF, with $109,272 in NOI and a 7.50% cap rate. The income is supported by current occupancy, while the lease has a scheduled rent increase and no remaining options. Those terms give a buyer a defined income stream and a future point at which to make a leasing decision. Review the Offering Memorandum for the transaction details and the property’s operating history.