2901 N Maize Rd - Fast Food FOR SALE


Wichita, KS 67205- Northwest Wichita
$3,271,000 USD
602-682-6052
2901 N Maize Rd, Wichita, KS for Sale
$3,271,000 USD
Fast Food - FOR SALE
1/7
null | 5.15% Cap Rate

2901 N Maize Rd
Wichita, KS 67205
Northwest Wichita


HIGHLIGHTS

  • Operated By Flynn Restaurant Group | Options To Extend | Scheduled Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • NewMarket Square | Central Park Plaza | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• The property is operated by Flynn Restaurant Group, the largest restaurant franchisee in the country with over 2,900 units • 13+ years remaining with 3 (5-year) option periods to extend • The lease features rental increases in years 3, 9, and 14 of the initial term and has increases in each option period

FOR SALE DETAILS

PRICE

$3,271,000 USD

PRICE/SF

$828 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera Bread | 13+yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

CUP

APN/PARCEL ID

087-133-06-0-11-01-001.01

ASK ABOUT THIS PROPERTY

Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

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Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

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