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2548 S Seneca St
Wichita, KS 67217

$1,830,000 USD

Freestanding For Sale  •  4,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 4,000 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1965
  • Cap Rate 6.50 %
  • Tenancy Multiple
  • Zoning Commercial
26 Transit Score
65 Walk Score

Highlights

Recently Remodeled Building & Long Term NNN Leases
5% Rental Increases Every 5 years
PLACER.AI: #1 Little Caesars in the state of Kansas and in the top 83% Nationally
PLACER.AI: #2 Wingstop in the state of Kansas and in the top 85% Nationally
TRAFFIC COUNTS: Over 31,000 VPD at the Intersection of Seneca Street & Pawnee Ave.
Cap Rate: 6.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Little Caesars 2,102 SF 9/30/2032
Wingstop 1,898 SF 9/30/2035

Amenities

  • Restaurant
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Wichita Dwight D Eisenhower Ntl 14 min - 7.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC
Kendall Carlsen 214-643-6097 Commercial Investment Advisors, INC