325 S Ridge Rd , Wichita, KS 67209
Wichita, KS 67209
Description
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 $90,000, 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.
Details
| MLS# | 646765 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2024 |
| Days On Site | 142 |
| Listing Provided By | Reece Nichols South Central Kansas | Jake Steven |
Features
| SQ Feet | 550 |
|---|---|
| Story(s) | 1 |
| Zoning | Limited Comm |
| Acreage | 0.43 |
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Learn More About This Property
| State | KS |
|---|---|
| County | Sedgwick |
| City | Wichita |
| Zip Code | 67209 |
| School District | SCKMLS |
| Community Name | NONE LISTED ON TAX RECORD |
| Listing VS Median (In NONE LISTED ON TAX RECORD) | |
Price: $1,600,000 low | high Med: $220,000 SqFt: 550 low | high Med: 2,088 $ / SqFt: $2,909 low | high Med: $105 On site: 142 low | high Med: 40.000000 | |