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Absolute Auction
First bid meets reserve
Asset Snapshot
Investment Highlights
Offering Summary
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**Tours will not be allowed after auction.
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 1126 E 12th Avenue in Emporia, Kansas is a vacant ±3,991-square-foot freestanding former Hardee’s positioned for restaurant reuse, owner-user occupancy, lease-up, or adaptive reuse. Built in 1969 on ±1.265 acres, the Property features an existing drive-thru, commercial kitchen, dining area, pylon sign, two access points, and approximately 53 surface parking spaces. The site abuts I-35 with ±212 feet of exposure to approximately 15,745 VPD and provides ±177 feet of frontage along E 12th Avenue, which carries ±6,474 VPD. Dollar General is directly adjacent, while nearby retailers, restaurants, convenience stores, and residential communities reinforce established commercial activity. Zoned C-2, Restricted Commercial District, the Property supports a range of restaurant, retail, service, and redevelopment concepts, subject to applicable approvals. Emporia State University, with 4,800+ students, is approximately 1.5 miles away, while I-335, US-50, and I-35 provide regional access to Topeka, Wichita, and Kansas City. Within five miles, the trade area includes more than 25,300 residents with average household income above $71,500. CoStar estimates market rents at approximately $13-$16/SF NNN, providing a benchmark for potential lease-up.
Due Diligence
Location
Emporia is the Lyon County seat and a regional commercial, education, manufacturing, and service hub in east-central Kansas. I-35, I-335, and US-50 provide direct access toward Topeka, Wichita, and Kansas City, while Emporia State University, healthcare, food processing, manufacturing, and logistics employers support year-round regional economic activity.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
