Walmart Shadow Anchored Strip Center

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30773341
Property Subtypes: Grocery-Anchored, Mixed Use, Neighborhood Center, Strip Center
Status: Pending
Building Size (RSF): 8,000 SF
Gross Land Area: 1.49 Acres
Sale Price: $2,282,450
Unit Price: $285.31 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 80
Last Updated: 12/3/2021

Overview / Comments

- NOI: $159,772.00

- Tenants: Mattress Hub, Crown Wireless (Cricket), Bank of America and 360 Tobacco & Vape

- Shadow anchored strip center in front of the highest grossing Walmart Supercenter in Wichita MSA

- Bank of America has an ATM on the south end of the property

- Area Neighbors: Walmart, Church's Chicken, Braum's, Rent-A-Center, Advance Auto Parts, Dollar General, Subway and many more!

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 212-04-0-22-01-004.00
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: Pawnee
Feet of Frontage: 174
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2016
Parking Type: Surface
Total Parking Spaces: 70

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,897 109,052 219,014
Median Age: 31.74 32.63 33.45
Households: 6,537 43,948 88,867
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