Attached Warehouse with Two Overhead
1011-1013 N Main St Wichita, KS 67203
1011-1013 N Main St, Wichita, KS, 67203
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For Sale
Contact for pricing
Drive-through attached warehouse includes two overhead doors, multiple private offices, and open work areas.
Property Size4,971 SF
Price / SF$110.64
Days on Market14
Property Features for 1011-1013 N Main St
General Information
- Standard status
- Active
- Size
- 4,971 SF
- Property subtype
- FLEX_R_AND_D
Listing agency
Landmark Commercial Real Estate
(316) 712-1380
Listed by
Clay Gagnon
(316) 712-1380
Source
Moodyscre
Added: Jul 9 Updated: Jul 21 at 7:53PM Checked: Jul 21 at 7:53PM
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 Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This attached warehouse offers a convenient drive-through layout with two overhead doors, designed to support both storage and day-to-day operations. Inside, the space includes multiple private offices and open work areas, along with a break room and employee support space.
The property includes an existing long-term tenant occupying approximately 2,384 SF, providing potential income for an owner. At 1011-1013 N Main St in Wichita, KS, it can also fit owner-user needs where operations may benefit from on-site office and warehouse functionality.
Overall, the configuration supports a combined office and warehouse setup that can work for a range of industrial and service-oriented users, including distributors, contractors, and service businesses or showroom users, as described in the offering materials.
The property includes an existing long-term tenant occupying approximately 2,384 SF, providing potential income for an owner. At 1011-1013 N Main St in Wichita, KS, it can also fit owner-user needs where operations may benefit from on-site office and warehouse functionality.
Overall, the configuration supports a combined office and warehouse setup that can work for a range of industrial and service-oriented users, including distributors, contractors, and service businesses or showroom users, as described in the offering materials.
Key Highlights
- Drive‑through attached warehouse layout with two overhead doors
- Multiple private offices plus open work areas
- Includes break room and employee support space
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $9.60 |
| − Vacancy | −$1.7k | −$0.34 |
| EGI | $46.1k | $9.26 |
| − OpEx | −$6.9k | −$1.39 |
| NOI | $39.1k | $7.87 |
4,971 SF · lease $9.60/SF/yr · vacancy 3.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$917.1K
$802.5K – $1.07M
NOI $64,200 @ 7.0% cap · market cap 11.67%
Second Best
Warehouse
$559.2K
$489.3K – $652.4K
NOI $39,144 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M
NOI $85,183 @ 7.0% cap · market cap 15.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Aramark Correctional Services — 401 S Emporia St, Wichita, KS 67202
FAQs
What type of property is this?
Flex space - Drive-through attached warehouse includes two overhead doors, multiple private offices, and open work areas.
Where is this flex space located?
The property is located at 1011-1013 N Main St Wichita, KS.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Drive‑through attached warehouse layout with two overhead doors; Multiple private offices plus open work areas; Includes break room and employee support space
