Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • National single tenant with approximately 3 years remaining on lease, but able to deliver vacant to potential owner-occupier.
  • Office space devisable down to 1,000 sf
  • Climate controlled throughout
  • 10,000sf+ industrial space with 12-16' ceilings
  • 3 Phase electric

Executive Summary

For Sale: 30,053 Sq. Ft. Light Industrial / Office Building in Wichita, KS
An exceptional investment or owner-occupier opportunity awaits with this versatile 30,053 square foot light industrial and office building, ideally positioned in the stable and growing community of Wichita, KS. Currently leased by a prominent, successful national tenant through September 2027. The tenant is willing to vacate early for potential owner-occupier or new tenant. This property offers built-in income stability and potential flexibility.
Property Highlights:
Size: 30,053 sq. ft. of adaptable space suitable for various industrial or office needs.
Current Tenant: Established national company with a proven record of success, providing reliable cash flow for the next few years.
Flexibility: The tenant is open to downsizing or vacating to accommodate an owner-occupier, offering options for customization to meet specific business requirements.
Location: Situated in Wichita, a city renowned for its solid economic base and business-friendly environment, ensuring long-term viability and growth.
Accessibility: Conveniently located with strong transport links to local and regional markets.
This property presents a unique opportunity for investors seeking income with future value-add potential or businesses looking for a space that can be tailored to their operational needs.

Property Facts

Price $1,800,000
Price Per SF $59.89
Sale Type Investment or Owner User
Cap Rate 9.02%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • FlexLight Distribution
Building Class B
Lot Size 1.42 AC
Rentable Building Area 30,053 SF
No. Stories 1
Year Built/Renovated 1979/1991
Parking Ratio 3.26/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Zoning Ltd Ind. - Limited Industrial

Amenities

  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
125-21-0-43-03-016.00A
Land Assessment
$37,100
Improvements Assessment
$385,348
Total Assessment
$422,448
  • Listing ID: 33842355

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 313 S Ida St, Wichita, KS 67211

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}