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325 S Ridge Rd 560 SF Retail Building Wichita, KS 67209 $1,700,000 ($3,035.71/SF) 6% Cap Rate



INVESTMENT HIGHLIGHTS
- Located on the SW/c of Ridge Rd and Maple St
- 8% rent increases every 5 years
- 15 years remain on Absolute NNN Lease
- Traffic Count at S Ridge Rd and West Maple St: Over 45,000 vehicles per day
EXECUTIVE SUMMARY
Investment Opportunity! ABSOLUTE NNN LAND LEASE, 7 Brew Coffee IN A PRIME LOCATION, WICHITA, KS. Discover this exceptional investment prospect in Wichita, KS, with the property located at 325 S Ridge Rd. This is a solid commercial asset anchored by a secure 15-year absolute NNN lease with 7 Brew Coffee, ensuring stability and impressive returns. With a current annual Net Operating Income (NOI) of $102,000, this investment demonstrates its financial strength. Growth is evident through an attractive 8% rent increase every 5 years, making it a great choice for investors seeking a long-term investment. Strategically positioned in a high-traffic area, the property provides outstanding visibility and accessibility. With traffic counts surpassing 45,000 vehicles daily at the intersection of Ridge Rd and Maple St, the lessee benefits from consistent foot traffic and exposure. Situated near Lowe’s Home Improvement, Chick-Fil-A, and numerous other retailers, the property has a consistent flow of potential customers. This advantageous location, coupled with 7 Brew Coffee's offerings, creates a conducive environment for sustained business activity. Invest confidently in a property that combines a prime location, reputable tenant, and a secure lease structure. Whether you are an experienced investor looking to expand your portfolio or new to the commercial real estate scene, 325 S Ridge Road presents a compelling opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Fast Food
Building Size
560 SF
Building Class
B
Year Built
2024
Price
$1,700,000
Price Per SF
$3,035.71
Cap Rate
6%
NOI
$102,000
Tenancy
Single
Building Height
1 Story
Lot Size
16.45 AC
Zoning
LC,GC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,412,078 | |
| Land Assessment | $834,675 | Total Assessment | $2,246,753 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$834,675
Improvements Assessment
$1,412,078
Total Assessment
$2,246,753
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325 S Ridge Rd
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