500 S Ridge Rd
Wichita, KS 67209
Rib Crib · Retail Property For Sale

The subject property is situated on Ridge Road South, which boasts an average daily traffic count exceeding 26,000. Ridge Road South intersects with West Kellogg Drive South, which brings an additional 68,000 vehicles into the immediate area per day. There are more than 57,172 individuals residing within a three-mile radius of the subject property and more than 162,149 individuals within a five-mile radius of the property. The St. Vincent’s Milford Health & Wellness Center property is situated in an affluent suburban community with an average household income of almost $70,000 within a five-mile radius. The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, medical centers, and shopping facilities all within close proximity of this property. Major national tenants include: Walmart, The Target, Lowe’s, IHop, Wendy’s, McDonald’s, Best Buy, Panera Bread, Outback Steakhouse, FedEx as well as many others. Accommodations within the nearby area include Holiday Inn Express, Motel 6, Springhill Suites By Marriot, Candlewood Suites, and WoodSpring Suites. The, a Canadian owned, American aerospace manufacturer of business jets for Bombardier Learjet Headquarterscivilian and military use, is located less than half a mile from the subject property. As the largest and busiest airport in Kansas, Wichita Dwight D. Eisenhower National Airport serves 1,600,000 passengers annually and is less than two miles south of the subject property. Wichita is the largest city in the U.S. state of Kansas and the county seat of Sedgwick County. As of 2017, the estimated population of the city was 390,591. Wichita is the principal city of the Wichita metropolitan area which had an estimated population of 644,610 in 2015. Wichita's position on the Chisholm Trail made it a destination for cattle drives traveling north from Texas to access railroads which led to markets in eastern U.S. cities. The Atchison, Topeka and Santa Fe Railway reached the city in 1872. As a result, Wichita became a railhead for the cattle drives, earning it the nickname "Cowtown". Across the Arkansas River, the town of Delano became a popular entertainment destination for cattlemen thanks to its saloons, brothels, and lack of law enforcement. According to the United States Census Bureau, the city has a total area of 163.59 square miles, of which 159.29 square miles is land and 4.30 square miles is water. Wichita's principal industrial sector is manufacturing, which accounted for 21.6 percent of area employment in 2003. Aircraft manufacturing has long dominated the local economy, and plays such an important role that it has the ability to influence the economic health of the entire region; the state offers tax breaks and other incentives to aircraft manufacturers.