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Multi-Tenant NNN Retail Investment 10230-10254 W 13th St

10,240 SF 100% Leased Retail Building Wichita, KS 67212 $1,325,000 ($129/SF) 8.30% Cap Rate

Investment Highlights

  • High Traffic 13th Street Location
  • NNN Retail Investment Opportunity - Mutli-Tenant
  • Street Frontage (205ft) Nearby Hard Corner Anchors

Executive Summary

DO NOT DISTURB TENANTS.
BRING ALL OFFERS.
Contact Broker for more information and any & all tours.
Ryan Reisman
Cell: (480)694-2942
Email: ryan@reismanrealty.co

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,240 SF
Building Class
B
Year Built
1995
Price
$1,325,000
Price Per SF
$129
Cap Rate
8.30%
NOI
$109,980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.96 AC
Zoning
LC - The purpose of the LC Limited Commercial District is to accommodate retail, commercial, office and other complementary land uses.
Parking
34 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
205 FT on W 13th St

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Accent Lighting
  • Monument Signage
  • Air Conditioning

Nearby Major Retailers

Dillons
Natural Grocers
Capitol Federal Savings Bank
TItle Boxing Clube West Wichita
Walmart Neighborhood Market
ALDI
Simmons Bank
Bank of Montreal
Premier Martial Arts

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-08-0-33-02-021.00
Land Assessment
$52,125
Improvements Assessment
$206,950
Total Assessment
$259,075
  • Listing ID: 31316853

  • Date on Market: 3/24/2024

  • Last Updated:

  • Address: 10230-10254 W 13th St, Wichita, KS 67212

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