Historical Retail Sale Listing - Dillons NNN Wichita Kansas

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Dillons NNN Wichita Kansas

10515 W Central, Wichita, KS 67212

N/A

85,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
85,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Retail (Other)
Retail Pad
Anchor
Property Use Type:
Net Lease Investment with
2 years left on lease
Commission Split:
2%
Cap Rate:
6.95%
Occupancy:
100%
Tenancy:
Single
Lot Size:
7.44 AC
Listing ID
17539162
Last Updated
over 1 year ago

Description

This 85,000 sq ft of retail property in south-western Wichita, Kansas is occupied by a strong established tenant on a NNN lease. In 2007 the store building was remodeled with an added 25,445 sq ft for a total of 84,960 opinions.

The tenant, Dillions is one of the largest food and merchandise retailers, with Kroger Co. (NYSE: KR) as the parent company. Kroger and its brands remain a draw to surrounding retail outlets.

The subject property is an 86,692 sq ft concrete block building, roughly 200ft by 400ft with 20 ft sidewalks. The building was specifically constructed to be used as a retail store. The building has a layout typical of most large chain grocery stores with check out areas, display, storage and preparation. The store has a deli/cafe, floral shop, indoor bank, separated Starbucks kiosk, and a pharmacy with drive-through service.

Located in Sedgwick County Wichita, ranked by Forbes as #6 Best Bang for the Buck cities, its real estate is the fifth best market for projected 2012 price gains. Wichita is home to large companies such as Spirit Aero Systems, Cessna, Coleman, Learjet, Koch industries and Wichita state University.

Map of 10515 W Central, Wichita, KS 67212 (Sedgwick County)

Research for 10515 W Central, Wichita, KS 67212 (Sedgwick County)

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