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Burger King | DriveThru | Abs NNN 2309 S Seneca St 2,221 SF Retail Building Wichita, KS 67213 $1,374,000 ($618.64/SF) 7.50% Cap Rate
Investment Highlights
- Signalized, Hard-Corner Intersection | Near Walmart Market | Nearby Major Highways (Interstate 235, US-400, Interstate 135) | McConnell Air Force Base
- Owner-User Opportunity | Franchisee Guaranteed Lease
- Strong Demographics in 10-Mile Trade Area
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Local Market | Major Employers | Aerospace Industry
Executive Summary
• Tenant, Genesh, Inc dba Burger King has just over a year remaining on their initial lease term
• Future owner-user opportunity as Burger King has only 1 year left of possible term with no plans to renew
• Lease features a franchisee guarantee from Genesh, Inc.
• Future owner-user opportunity as Burger King has only 1 year left of possible term with no plans to renew
• Lease features a franchisee guarantee from Genesh, Inc.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,221 SF
Building Class
C
Year Built
2006
Price
$1,374,000
Price Per SF
$618.64
Cap Rate
7.50%
NOI
$103,029
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.86 AC
Frontage
112’ on Seneca
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Burger King began in 1954 as a fast-food hamburger chain and built its identity around flame-grilled burgers and the Whopper sandwich. The business grew through franchising and expanded from its early U.S. roots into a widely recognized quick-service restaurant brand. Burger King offers a broad menu that includes burgers, chicken items, breakfast foods, sides, desserts, and beverages. The company remains focused on affordable, convenient dining within the global fast-food market.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 5
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Burger King | DriveThru | Abs NNN | 2309 S Seneca St
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