RealINSIGHT Marketplace Online Auction August 10-12, 2020
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ABSOLUTE $1 Auction | 0.65 AC Signalized Corner Outparcel
Located at signalized hard corner; outparcel to Southgate Mall (main commercial hub for region)
Zoned C-2 (General Commercial) allowing for retail, service, and office uses
Excellent demographics with ±20,031 individuals and an average household income of ±$63,366 within a 5-mile radius
Absolute $1 Auction - NO Reserve.
CBRE and RealINSIGHT Marketplace is pleased to present a ±0.65 acre outparcel (the "Property") of Southgate Mall in Liberal, Kansas. The Property offers an exceptional investment opportunity via development and first bid meets reserve.
Positioned in the area's prime retail corridor, the Property is a ±0.65 acre outparcel located on the hard corner intersection of W Pine Street and S Kansas Avenue. The Property benefits from being an outparcel to Southgate Mall, a ±156,966 SF grocery-anchored center with a diverse mix of national and regional tenants.
Southgate Mall is a landmark in the multi-state area of Kansas, Oklahoma, Texas and Colorado. It is one of a handful of enclosed shopping malls between Wichita, Kansas and Pueblo, Colorado. El Gran Mercado, the mall anchor, is a ±39,000 SF grocery store and natural draw for the subject Property. Other tenants of the Mall include Family Dollar, Dollar General, Equity Bank, a Bank of America Kiosk, as well as many service-oriented tenants and specialty stores. Many national and regional retailers are near the Property including Tractor Supply Co, Auto Zone, U-Haul, Dollar Tree, Walmart, and numerous hotels and restaurants. This opportunity gives potential investors the ability to acquire a ±0.65 AC undeveloped parcel at a significant discount with huge value-add enhancement potential.