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K-42 Business Park 2 Flex Properties in Wichita, KS
Investment Highlights
- Two industrial buildings totaling 57,000 square feet, along with a 1.88-acre truck lot situated on a 7.64-acre site
- The Property includes a 1.88-acre truck lot that is currently leased to an existing tenant within the business park
- NOI: $562,595 (in-place; upside NOI with vacancy lease up)
- 96.71% leased to 11 tenants, providing a stable in-place cash flow
- The ideal location provides efficient connectivity throughout the Wichita metro area and the I-35 Corridor
Executive Summary
Currently, K-42 Business Park is 96.71% leased to 11 tenants, providing a stable in-place cash flow. In addition to the two buildings totaling 57,000 square feet, the Property includes a 1.88-acre truck lot that is currently leased to an existing tenant within the business park, offering an additional income stream. The Property benefits from strong
street visibility along S. West Street with immediate access to key transportation corridors, including I-235, K-42, and I-35. The ideal location provides efficient connectivity throughout the Wichita metro area and the I-35 Corridor, one of the Midwest’s primary distribution routes.
street visibility along S. West Street with immediate access to key transportation corridors, including I-235, K-42, and I-35. The ideal location provides efficient connectivity throughout the Wichita metro area and the I-35 Corridor, one of the Midwest’s primary distribution routes.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 57,000 SF |
| Number of Properties | 2 | Total Land Area | 4.13 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 57,000 SF |
| Total Land Area | 4.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
K-42 & West Business Park
2333 S West St, Wichita, KS 67213 |
Flex | 42,000 SF | 2005 | - |
| 2333 S West St, Wichita, KS 67213 | Flex | 15,000 SF | 2004 | - |
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K-42 Business Park
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