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Key Plaza

2618 E. 21st Street, Wichita, KS 67214

$649,000

15,300 SF | Retail

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Retail Property For Sale Get Financing

Price:
$649,000
Gross Leasable Area:
15,300 SF
Price/SF:
$42.42
Property Type:
Retail
Property Sub-type:
Neighborhood Center
Property Use Type:
Net Lease Investment with
3 years left on lease
Commission Split:
2.5%
Cap Rate:
10%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
1.02 AC
Listing ID
17640333
Last Updated
5 days ago

Find Out More...

Description

MOTIVATED OWNER WILL CONSIDER ANY REASONABLE OFFER! 15,300 Sq ft retail property constructed in 1990 and is situated on a 1.02-acre site. Great looking strip center on major city artery. Well-maintained brick front building with high visibility to 21st Street traffic. Each space has large store front windows and front parking. Low maintenance and good cap rate. One year new roof, and new air condition.

The location of this beautiful brick strip center is ideal, located on busy 21st Street corridor. Located just 1 block from interstate 135, and Wichita State University. High traffic count and lot's of foot traffic also. This strip center is located in the Wichita redevelopment area. Just minutes from the New Great Plains Boy's & Girl's Club, Commercial Banks, and Sonic.

Financial Summary

  • Actual
  • $67,000

Map of 2618 E. 21st Street, Wichita, KS 67214 (Sedgwick County)

Research for 2618 E. 21st Street, Wichita, KS 67214 (Sedgwick County)

  • Demographics – Population, income & other demographics near 2618 E. 21st Street
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  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

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Presented by Mavrakis Properties, LLC
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Ted's Other Listings (View All)

Asking Price Index Trends for Wichita, KS Retail For Sale

  Mar 14 vs. 3 mo.
prior
Y-O-Y
-
State
$78-1.6%-3.4%
-
Metro
$83-1.6%+12.2%
-
County
$80-4.0%+2.9%
-
City
$88-4.0%+1.6%

View Wichita Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 4/30/2012
Key Plaza
  • Retail
  • $649,000
  • 15,300 SF