11006 E Kellogg Dr
Wichita, KS 67207
CORPORATE GOLDEN CORRAL · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Corporate Guarantee by both Kansas Corral, LLC and Texas Corral, LLC.
- Two Major Improvement Projects Near the Property Scheduled to End Late 2021
- Visible to 57,000 Vehicles Per Day, and is Diagonally Across from Walmart.
- Nine+ Firm Year Remaining with Four/Five Year Options at 10 Percent Increase Every Five Years.
- Next to Textron/Beechcraft Aviation with $4.6B Annual Sales and 8,000 Employees
PROPERTY FACTS
- Auto Dealership
- General Retail Freestanding
ABOUT 11006 E KELLOGG DR , WICHITA, KS 67207
Marcus & Millichap, as its exclusive advisor, is pleased to offer for sale a corporate guaranteed Golden Corral Buffet Restaurant in Wichita Kansas. The lease is guaranteed by both Kansas Corral, LLC. and Texas Corral, LLC., and operated by Sun Holdings, Inc., which is ranked as the 3rd largest franchisee in the U.S. by Mega 99 2018 Rankings and has a portfolio that operates 20 Golden Corral restaurants, over 1,000 other restaurant locations in 12 states creating more than 22,000 jobs. The property is situated across the street from a new Walmart shopping center at the corner of East Kellogg Drive and South Greenwich Road, and benefits from a traffic count of 57,000 cars daily. Just behind the property is Textron/Beechcraft Aviation which generates approximately $4.6 Billion in annual sales, employees 8,000 locals, and is one of Wichita's largest employers. Just a short distance away is a Costco as well as many other major fast food restaurants to serve the growing community. There are two major improvements going on near the property that have had significant impact on sales. It is scheduled to be complete in late 2021, and sale is expected to increase after the projects are complete. For more detailed information on the project, please visit https://eastkelloggimprovements.com/ Golden Corral is an American family-style restaurant chain serving breakfast, lunch and dinner, featuring a large all-you-can-eat buffet and grill offering numerous hot and cold dishes, a carving station, and their Brass Bell Bakery. It is a privately held company headquartered in Raleigh, North Carolina, United States, with over 500 locations, and reports nearly $1.74 Billion in annual sales.
PROPERTY TAXES
Parcel Number | 115-21-0-44-02-001.00 | Improvements Assessment | $218,125 |
Land Assessment | $156,775 | Total Assessment | $374,900 |
Listing ID: 17674800
Date on Market: 11/8/2019
Last Updated:
Address: 11006 E Kellogg Dr, Wichita, KS 67207
The Southeast Wichita Retail Property at 11006 E Kellogg Dr, Wichita, KS 67207 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.