Retail/Flex Investment Property; Development Land Also Available

Retail-Commercial for Sale
Catylist Listing ID: 30585052
Property Subtypes: Mixed Use, Other
Building Size (RSF): 20,571 SF
Gross Land Area: 2.06 Acres
Sale Price: $2,137,000
Unit Price: $103.88 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 8.75%
Last Updated: 9/4/2020

Overview / Comments

- 2019 Taxes: $31,698.04

- NOI: $186,976

- 79 parking stalls

- 69,000 sq. ft. of vacant land available to the east for $2.50 per sq. ft.

- Allstate Insurance, ARC Physical Therapy, American Family Insurance, Sunflower Restaurant Supply and Tupperware

- 808’ of Taft St. Frontage (with vacant land)

- Area Neighbors: Walmart, Sam's Club, Burlington, TJ Maxx, Chick-fil-a, Lowe's, Target, Cheddar's, Cracker Barrel, McAlister's Deli, Chipotle, Meddy's, Ross Dress for Less, Kohls, Joann Fabric, Outback Steakhouse and many more!

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087138270240300200
Zoning: GENERAL COMMERCIAL
Retail Clientele: General
Largest Nearby Street: Taft
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 2004
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,167 83,096 186,167
Median Age: 34.44 37.24 35.77
Households: 2,696 34,114 73,593
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