PRICE REDUCED - Redevelopment/Retail/Office Building with Large Lot

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30461717
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Vehicle Related, Other
Status: Pending
Building Size (RSF): 19,600 SF
Gross Land Area: 4.01 Acres
Sale Price: $1,975,000
Unit Price: $100.77 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2021

Overview / Comments

- 10,000 sq. ft. of office/retail space
- 9,600 sq. ft. of shop space
- Zoning: south parcel (General Commercial), north lot (Single Family)
- 6 overhead doors
- Parking: approximately 225 stalls
- Traffic Counts: 42,686 vehicles per day at the intersection of 21st & Tyler
- Area Neighbors: Regal Cinemas/Warren Theaters, Walmart, Bed Bath and Beyond, Marshalls, Dillons, Planet Fitness, Target, On The Border, Chick-fil-a, McDonald's, Academy Sports, Quiktrip, Walgreens, Best Buy, Ulta and many more!

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087132040330100200C
Retail Clientele: General
Property Located Between: Ridge Rd and Tyler Rd
Property Visibility: Excellent
Largest Nearby Street: 21st
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1984
Year Renovated: 2012
Total Parking Spaces: 225
Parking Type: Surface
Part of Planned Development?: Yes
Lot Frontage: 270
Lot Depth: 673

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,637 71,334 138,563
Median Age: 37.48 38.49 37.77
Households: 4,585 27,762 55,055
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