2548 S Seneca St - Fast Food FOR SALE


Wichita, KS 67217- Southwest Wichita
$1,609,000 USD
480-718-5555
2548 S Seneca St, Wichita, KS for Sale
$1,609,000 USD
Fast Food - FOR SALE
1/5
null | 7.1% Cap Rate

2548 S Seneca St
Wichita, KS 67217
Southwest Wichita


HIGHLIGHTS

  • Recently Remodeled Building & Long Term NNN Leases
  • 5% Rental Increases Every 5 years
  • PLACER.AI: #1 Little Caesars in the state of Kansas and in the top 83% Nationally
  • PLACER.AI: #2 Wingstop in the state of Kansas and in the top 85% Nationally
  • TRAFFIC COUNTS: Over 31,000 VPD at the Intersection of Seneca Street & Pawnee Ave.

OVERVIEW

Vibe Restaurants, has grown to become one of Little Caesars Largest Franchisee as well as one of Wingstop’s Fastest Growing Brand Partners. Placer. AI: #1 Little Caesars in the State of Kansas Placer AI: #2 Wingstop in the State of Kansas Intersection has over 31,000 VPD This Asset is 8 miles from Wichita State University - a public research university with 16,097 students; 3 miles from Newman University - a private Catholic liberal arts university with 2,617 students; 3 miles from Friends University - a private nondenominational Christian university with 1,591 students

FOR SALE DETAILS

PRICE

$1,609,000 USD

PRICE/SF

$402 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LITTLE CAESARS & WINGSTOP NNN LEASED

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,593 SF

ZONING

Commercial

APN/PARCEL ID

213-05-0-22-04-015.00

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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