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625 N Carriage Pky
Wichita, KS 67208
Bldg 1 · Retail Property For Sale
Investment Highlights
- Value-Add Investment Opportunity / Below Replacement Costs ($94 PSF)
- Above Market Return - Carriage at Village Parkway is priced at 10.0% cap rate (in-place)
- Ideally Located Shopping Destination - Near Downtown, Airport, and Wichita State University
- Carriage at Village Parkway is currently 75% occupied, allowing the new investor the ability to increase occupancy and income through lease-up.
- High Traffic / Main Thoroughfare Location
- There are over 214,980 permanent residents living within a 5 mile radius of the Subject Property
Property Facts
Property Type
Retail
Building Size
37,029 SF
Building Class
B
Year Built
1984
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.73 AC
Zoning
Limited Commercial
Parking
147 Spaces (1.38 Spaces per 1,000 SF Leased)
Frontage
430’ on N N Carriage Pky Pky
Property Taxes
| Parcel Number | 126-13-0-43-02-001.00D | Improvements Assessment | $304,075 |
| Land Assessment | $92,950 | Total Assessment | $397,025 |
Property Taxes
Parcel Number
126-13-0-43-02-001.00D
Land Assessment
$92,950
Improvements Assessment
$304,075
Total Assessment
$397,025
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