325 S Ridge Rd - Fast Food FOR SALE


Wichita, KS 67209- West Wichita
$1,700,000 USD
316-708-5960
325 S Ridge Rd, Wichita, KS for Sale
$1,700,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

325 S Ridge Rd
Wichita, KS 67209
West Wichita


HIGHLIGHTS

  • Located on the SW/c of Ridge Rd and Maple St
  • 15 years remain on Absolute NNN Lease
  • 8% rent increases every 5 years
  • Traffic Count at S Ridge Rd and West Maple St: Over 45,000 vehicles per day

OVERVIEW

Investment Opportunity! ABSOLUTE NNN LAND LEASE, 7 Brew Coffee IN A PRIME LOCATION, WICHITA, KS. Discover this exceptional investment prospect in Wichita, KS, with the property located at 325 S Ridge Rd. This is a solid commercial asset anchored by a secure 15-year absolute NNN lease with 7 Brew Coffee, ensuring stability and impressive returns. With a current annual Net Operating Income (NOI) of $102,000, this investment demonstrates its financial strength. Growth is evident through an attractive 8% rent increase every 5 years, making it a great choice for investors seeking a long-term investment. Strategically positioned in a high-traffic area, the property provides outstanding visibility and accessibility. With traffic counts surpassing 45,000 vehicles daily at the intersection of Ridge Rd and Maple St, the lessee benefits from consistent foot traffic and exposure. Situated near Lowe’s Home Improvement, Chick-Fil-A, and numerous other retailers, the property has a consistent flow of potential customers. This advantageous location, coupled with 7 Brew Coffee's offerings, creates a conducive environment for sustained business activity. Invest confidently in a property that combines a prime location, reputable tenant, and a secure lease structure. Whether you are an experienced investor looking to expand your portfolio or new to the commercial real estate scene, 325 S Ridge Road presents a compelling opportunity.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$3,036 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.45 AC

LAND SF

716,630 SF

ZONING

LC,GC

APN/PARCEL ID

138-28-0-11-01-003.00

ASK ABOUT THIS PROPERTY

Jake StevenReece Nichols South Central KansasMore Info
316-708-5960

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Jake StevenReece Nichols South Central KansasMore Info
316-708-5960

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