2347 S Seneca St - Fast Food FOR SALE


Wichita, KS 67213- West Wichita
$1,865,000 USD
650-279-5790
2347 S Seneca St, Wichita, KS for Sale
$1,865,000 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

2347 S Seneca St
Wichita, KS 67213
West Wichita


HIGHLIGHTS

  • Over 9.5 years remaining on absolute NNN lease
  • Attractive 2.0% annual rent increases
  • Seasoned location and operator
  • Abundant on-site parking of 48 spaces

OVERVIEW

This freestanding KFC is located near the signalized intersection of South Seneca and Pawnee Street in Wichita, Kansas near other national fast food tenants such as McDonald's, Burger King, Taco Bell, Wendy's, Pizza Hut Long John Silver's and Chipotle. Over 9.5 years remaining on an absolute NNN lease with attractive 2.0% annual rent increases. Experienced operator who is required to report annual store sales so reach out to listing agent to discuss.

FOR SALE DETAILS

PRICE

$1,865,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

LC

APN/PARCEL ID

129-31-0-44-02-059.00

ASK ABOUT THIS PROPERTY

Steve SauterMarcus & MillichapMore Info
650-279-5790

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Steve SauterMarcus & MillichapMore Info
650-279-5790

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