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Budget Car and Truck Rental 8144 E Kellogg Dr

1,506 SF Retail Building Wichita, KS 67207 $1,078,000 ($716/SF) 6.49% Cap Rate

Retail Buildings Kansas Wichita 8144 E Kellogg Dr, Wichita, KS 67207

Investment Highlights

  • Brand New 10-Year Absolute Triple-Net (NNN) Lease
  • New High-Quality 2023 Re-Construction
  • Excellent Frontage and Accessibility Along East Kellogg Avenue / U.S. Route 400 with More Than 45,900 Cars per Day
  • Five Percent Rental Increases Every Five Years Throughout the Lease Term with 10 Percent Increases in Each of Two, Five-Year Renewal Options
  • 168,073 Residents within a Five-Mile Radius - Growing Wichita Trade Area

Executive Summary

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. Budget Car and Truck Rental (“Budget”) is a globally recognized car rental company with a reputation for excellence and value. It is a leading truck rental company in the United States, serving both the value conscious consumer and light commercial sectors.

Attachments

Budget Car & Truck Rental_Wichita, KS_Marketing Package

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,506 SF
Building Class
C
Year Built
2023
Price
$1,078,000
Price Per SF
$716
Cap Rate
6.49%
NOI
$70,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Land Acres
0.82 AC
Zoning
LC
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8144 E Kellogg Dr, Wichita, KS - aerial map view - Image1
8144 E Kellogg Dr, Wichita, KS - aerial map view - Image2
8144 E Kellogg Dr, Wichita, KS - aerial map view - Image3

Nearby Major Retailers

ALDI
Old Chicago Pizza
BJ's Restaurant & Brewhouse
Longhorn Steakhouse
Bubba's 33
Starbucks
Noodles & Company
The YMCA
Red Lobster
7 Brew Coffee

PROPERTY TAXES

Parcel Number 114-20-0-33-04-015.01 Improvements Assessment $27,675
Land Assessment $20,075 Total Assessment $47,750

PROPERTY TAXES

Parcel Number
114-20-0-33-04-015.01
Land Assessment
$20,075
Improvements Assessment
$27,675
Total Assessment
$47,750
(602) 687-6766

  • Listing ID: 33593580

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 8144 E Kellogg Dr, Wichita, KS 67207

More public record information on 8144 E Kellogg Dr, Wichita, KS 67207

The Retail Property at 8144 E Kellogg Dr, Wichita, KS 67207 is currently available For Sale. Contact Marcus & Millichap for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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8144 E Kellogg Dr, Wichita, KS for sale Building Photo- Image 1 of 5
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Budget Car and Truck Rental | 8144 E Kellogg Dr
(602) 687-6766 x

Budget Car and Truck Rental | 8144 E Kellogg Dr

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Mark Ruble

(602) 687-6766

(602) 687-6766

Christopher Lind

(602) 687-6780

(602) 687-6780

Zack House

(602) 687-6650

(602) 687-6650

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