500 S Ridge Rd | Wichita, KS 67209
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- LoopNet Team
500 S Ridge Rd
Wichita, KS 67209
Rib Crib · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11.3 Years Remaining On An Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow
- Dense Retail Corridor| Walmart, The Target, Lowe’s, IHOP, Wendy’s, McDonald’s, Best Buy, Panera Bread, Outback Steakhouse, FedEx, and Many More
- Tenant Renewal Options: Three (3) Periods of Five (5) Years, Each Bringing the Potential Lease Term to Almost 30 Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,699 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.55 AC
Zoning
LC
PROPERTY TAXES
| Parcel Number | 138270230100201 | Improvements Assessment | $245,300 |
| Land Assessment | $78,375 | Total Assessment | $323,675 |
PROPERTY TAXES
Parcel Number
138270230100201
Land Assessment
$78,375
Improvements Assessment
$245,300
Total Assessment
$323,675
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