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2323 N Amidon Ave
Wichita, KS 67204
Aldi · Retail Property For Sale
Investment Highlights
- Store Size: The subject property is a single-tenant retail store totaling ±20,910 SF offered for sale at an asking price of $2,622,434($125 PSF)
- Retail Corridor: ALDI is strategically located approximately ±0.5 miles north of New Leaf Plaza, a Walmart Neighborhood Market–anchored shopping
- Strong Traffic Counts: ALDI benefits from excellent visibility and access along N. Amidon Avenue, capturing both northbound and south bound traffic
- Investor Friendly Lease: ALDI operates at the subject property under a double net (NN) lease structure with approximately ±8.5 years of remaining term
- University Proximity: The subject property is located less than four miles from Wichita State University.
- Strong Labor Market: According to the latest Bureau of Labor Statistics data, the Wichita labor market continues to expand
Executive Summary
Broker of Record
Kyle Matthews
License # #CO00002672 (KS), 239429 (KS)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # #CO00002672 (KS), 239429 (KS)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
20,910 SF
Building Class
C
Year Built
1966
Price
$2,622,434
Price Per SF
$125.42
Cap Rate
5.75%
NOI
$150,790
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.80 AC
Zoning
LC - Limited Commercial
Parking
65 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
213’ on North Amidon Avenue
Amenities
- Wheelchair Accessible
- Air Conditioning
Property Taxes
| Parcel Number | 123-06-0-34-01-016.06 | Improvements Assessment | $283,925 |
| Land Assessment | $46,925 | Total Assessment | $330,850 |
Property Taxes
Parcel Number
123-06-0-34-01-016.06
Land Assessment
$46,925
Improvements Assessment
$283,925
Total Assessment
$330,850
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