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Multi-Tenant Retail Center
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1004 W 8th St, Wellington, KS 67152

Multi-tenant retail center built in 1984, 83% occupied, offering in-place rental income for an investor or operator.

Property Size7,978 SF
Lot Size0.72 Acres
Price / SF$49.51
Days on Market53

Property Features for 1004 W 8th St

General Information

Standard status Active
Size 7,978 SF
Lot size 0.72 Acres
Property subtype Retail
Occupancy 83%

Building Details

Year Built 1984
Tenancy Multi
Listing Agency: Lange Real Estate
Listed By: Daniel Sanchez · License #00249356
Source: Crexi
Added: Jun 15 Changed: Jul 10 Last Checked: Jul 24 at 1:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lange Real Estate

Investment Insights

Based on property information with market context.

This multi-tenant retail center totals 7,978 SF and was built in 1984. The property is situated on approximately 0.72 acres and includes multiple storefront spaces designed to support a variety of neighborhood retail uses. The center is currently 83% occupied with established tenants, providing in-place rental income. Financial information is available upon request.

Located in West Wellington, Kansas, the property benefits from steady local traffic and is positioned within a well-established commercial area. Nearby retailers and shopping-related operators include Dillons, Casey's, Tractor Supply Co., Braum's, and Wellington Golf Club.

For buyers seeking a managed retail asset with existing tenant occupancy, the current lease-up provides immediate operational continuity. Tenants and brokers evaluating the site will find a multi-space configuration suited to retail concepts that benefit from serving the surrounding shopping corridor. The property’s shared retail setup and established tenant base can offer a straightforward platform for future leasing and tenant mix adjustments, subject to buyer and operator strategy.

Key Highlights

  • 7,978 SF multi‑tenant retail center built in 1984
  • Approximately 0.72‑acre property currently 83% occupied
  • In‑place cash flow with established tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Building Supply (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

83%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Groceries 35% Home Improvements & Furnishings 18%
Dillons Groceries
11,155 visits/mo 0.4 miles
Wellington #2 Shops & Services
7,936 visits/mo 0.5 miles
Dillons Fuel Center Shops & Services
6,613 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
5,874 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
609 visits/mo 0.2 miles

Demographics for 67152, KS

9,019
Population
4,288
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
92%
High-School Grad
233.9 sq mi
ZIP Area
39
Density / Sq Mi
$50,836
Median Household Income
$36,042
Median Earnings
$814
Median Rent
$105,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Dillon Food Stores, 1111 W 8th St, Wellington, KS 67152

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center built in 1984, 83% occupied, offering in-place rental income for an investor or operator.
Where is this shopping center located?
The property is located at 1004 W 8th St Wellington, KS.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 7,978 SF multi‑tenant retail center built in 1984; Approximately 0.72‑acre property currently 83% occupied; In‑place cash flow with established tenants
(164) 940-0203 Call to check price and availability
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