2342 S Maize Rd - Restaurant FOR SALE


Wichita, KS 67209- West Wichita
$756,923 USD
714-400-6267
2342 S Maize Rd, Wichita, KS for Sale
$756,923 USD
Restaurant - FOR SALE
1/6
null | 6.5% Cap Rate

2342 S Maize Rd
Wichita, KS 67209
West Wichita


HIGHLIGHTS

  • Absolute NNN Lease - Zero Landlord Responsibilities
  • Airport-Adjacent Location - 1 Mile to Wichita Dwight D. Eisenhower National Airport
  • Deeply Below-Market Rent - $10.34 PSF - Below-Market Rent Provides Substantial Landlord Protection Under Any Lease Continuity Scenario
  • 2.5% Annual Rent Increases - Contractual Escalations Through Both Primary Term & 5-Year Renewal Option
  • Generously Sized 1.092-Acre Lot - Ample Parking & Dedicated Outdoor Play Space Reinforcing Long-Term Tenant Commitment
  • Personal Guaranty - Bite-Size NNN Investment

OVERVIEW

We are pleased to present the opportunity to acquire a single-tenant, absolute NNN childcare investment in Wichita, Kansas, 100% leased to Busy Bird Learning Center, Inc.? with 13.5 years of firm term remaining and zero landlord responsibilities.? At $10.34 PSF, the in-place rent is well below prevailing market rates for any comparable commercial use, providing the landlord with a highly defensible income stream and significant rental upside upon any future lease event.? The lease carries 2.5% annual increases through the primary term and into the 5-year renewal option, and is further secured by a personal guaranty of the principal operator.? The property is situated at the corner of S Maize Road and W Pawnee Street, immediately adjacent to Wichita Dwight D.? Eisenhower National Airport – just 1 mile from the terminal – within a dense, established residential neighborhood with average household income of $_____ within 1 mile.? The 1.092-acre lot provides ample parking and outdoor play space, reinforcing the tenant's long-term operational commitment to the site.? Pawnee Prairie Park, a prominent community amenity, is located just 0.5 miles away, anchoring the family-oriented character of the immediate trade area.? This offering represents a bite-size, passive NNN acquisition with contractual rent growth, personal credit support, and in-place rent structured to provide strong landlord protection under any lease continuity scenario.? Exclusively Listed in association with Brian Brockman | License No.? 239819

FOR SALE DETAILS

PRICE

$756,923 USD

PRICE/SF

$223 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Busy Bird Learning Center | Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

-

APN/PARCEL ID

00327295

ASK ABOUT THIS PROPERTY

Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

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Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.