Mattress Firm

2191 N. Rock Road - Wichita Kansas 67206

LTV (Loan to Value) 65.00% Current NOI $182,251.00
Interest Rate 4.250% Capital Rate 6.750%
Fixed Term 10 Years Land Area 0.60 Acres
Amortization 25 Years Lease Type NN
Loan Amount $1,755,000.00 Property Type Retail
Payment $9,507.50 Property Lease Home Goods
Bulding Size 3,084 SF Remaining Terms 10 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors the opportunity to purchase 100% fee-simple interest in a new Mattress Firm to be located at 2191 N. Rock Road in Wichita, Kansas

Highlights

Strong Corporate Guaranty – The new Lease for this property is guaranteed by Mattress Firm Holding Corp. with a Moody’s…

Property Description

Wichita is the largest city in the State of Kansas and the 49th largest city in the United States. Located in south-central Kansas on the Arkansas River, Wichita is the county seat of Sedgwick County and the principal city of the Wichita metropolitan area. As of the 2010 United States Census, the city population was 382,368; as of 2013, it was estimated to have increased to 386,552. In 2013, the estimated population of the Wichita metropolitan area was 637,394, and that of the larger Wichita-Winfield combined statistical area was 673,598.