Commercial Sale

Description

Exceptional investment opportunity to acquire a Class A multi-tenant retail property with prominent W. Kellogg frontage and excellent visibility along one of Wichita’s primary commercial corridors, boasting traffic counts exceeding 77,300 vehicles per day. Strategically positioned near major national retailers and established shopping destinations, including Sam’s Club, Walmart, and Westgate Market Square. A new lease has been executed for the 8,474 SF former Party City space, with rent commencement scheduled for January 2027, leaving only approximately 1,100 SF currently available for lease. The property’s two existing tenants operate under true NNN lease structures, with current NNN expenses estimated at approximately $6.70/SF annually. Strong location, national retail synergy, high traffic exposure, and limited remaining vacancy make this a compelling opportunity for investors seeking a well-positioned retail asset in the Wichita market. Financial information and supporting documentation are available upon request.