(NW) 27,323 Sq Ft Commercial Building

Shopping Center for Sale
Catylist Listing ID: 30709236
Property Subtypes: Fashion/Specialty, Free-Standing Store, Grocery-Anchored, Mixed Use, Neighborhood Center, Outlet Center, Strip Center
Building Size (RSF): 27,323 SF
Gross Land Area: 3 - 3.50 Acres
Sale Price: $550,000
Unit Price: $20.13 PSF
Property Use Type: Vacant/Owner-User
Building Name: Northgate Center
Usable Size (USF): 27,323 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/17/2021

Overview / Comments

This property is offered by Braden McCurdy with McCurdy Auction, LLC. Office: 316-867-3600 Email: bmccurdy@mccurdyauction.com.

Excellent investment opportunity located in northwest Wichita – Northgate Center! This multi-purpose building is currently rented by several businesses and restaurants and currently income-producing!!!

   7-9 storefronts depending on the layout
   All but 1 storefront is rented 
   Monthly Income $5,265
   Annual income $63,180
   Zoned Limited Commercial
   High visibility, corner lot
   Traffic count: 3,580 per day
   Large paved parking lot
   All individual gas meters
   1 house meter (parking lot lights)
   1 water meter for east unit, 1 for all the other units
   2 walk-in coolers transfer with the sale

A pad site has been sold off and not filed of record yet so the legal description and lot size according to Sedgwick County will be modified soon. The aerial representation in our marketing photography is approximated and subject to final survey

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087099320130303600
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Traffic/Vehicle Count: 3,580
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1962
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Heat Source: Central
Zoning Description: Limited Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,322 61,187 172,867
Median Age: 31.95 35.28 34.68
Households: 2,277 23,652 70,624


Photograph of Listing Agent

Braden R. McCurdy

McCurdy Auction KSCRE Member
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