Village of Carriage Parkway Center Retail FOR SALE


Wichita, KS - East Wichita
$7,950,000 USD
714-318-3955
, Wichita, KS for Sale
$7,950,000 USD
Retail - FOR SALE
1/12
null | 1.64% Cap Rate

Village of Carriage Parkway Center
Wichita, KS
East Wichita


HIGHLIGHTS

  • Carriage at Village Parkway is a true value-add opportunity the new investor the ability to increase occupancy and income through lease-up.
  • Above Market Return - Carriage at Village Parkway is priced at a proforma cap rate of 16%+ once fully leased
  • The Subject Property is located off Central Avenue (31,487 VPD), which is a main thoroughfare road within the overall trade area and leads directly in
  • Located within 1 mile of US Route 400 (77,000 VPD)
  • Located 1.5 Miles from Wichita State University
  • There are over 214,980 permanent residents living within a 5 mile radius of the Subject Property

OVERVIEW

Value-Add Investment Opportunity / Below Replacement Costs » Carriage at Village Parkway allows the new investor the ability to increase occupancy and income through leaseup » Above Market Return - Carriage at Village Parkway is priced with a proforma cap rate of 16%+ once fully leased High Traffic / Main Thoroughfare Location » The Subject Property is located off Central Avenue (31,487 VPD), which is a main thoroughfare road within the overall trade area and leads directly into Downtown Wichita » Located within 1 mile of US Route 400 (77,000 VPD) Ideally Located Shopping Destination - Near Downtown, Airport, and Wichita State University » Located 1.5 Miles from Wichita State University » Located 3 Miles from Downtown Wichita » Located 8 Miles from Dwight D. Eisenhower National Airport

ASK ABOUT THIS PROPERTY

Tom ChichesterBlvd Real Estate Investment Co.More Info
714-318-3955

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Tom ChichesterBlvd Real Estate Investment Co.More Info
714-318-3955

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