2800 E Central Ave, Wichita, KS
Highly visible mixed-use retail center with stable long-term tenants.
- Added:
- Apr 11, 2025
- Days on Market:
- 430
- Last Refresh:
- May 20 at 9:37 pm
Property Features for 2800 E Central Ave
General Information
- Standard status
- Active
- Size
- 4,418 SF
- Lot size
- 0.32 Acres
- Property subtype
- RETAIL
Listing agent Matthew McClure License #KS 00241514 (913) 707-8992
Listing office J.P. Weigand & Sons, Inc. (913) 707-8992
Listing date Apr 11, 2025
Source Moodyscre
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 J.P. Weigand & Sons, Inc.
HighLights
- High traffic area
- Stable long term tenants
- Close highway access
- Highly visible mixed use retail center
- Proximity to Wesley Medical Center, Ascension Medical Group, Heartland Cardiology, Walgreens, Revolutsia, Chipotle, Starbucks
- Financials available upon request
Overview
Local Financial Insights For Retail
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 | $70.5k | $15.96 |
| − Vacancy | −$6.0k | −$1.36 |
| EGI | $64.5k | $14.60 |
| − OpEx | −$19.4k | −$4.38 |
| NOI | $45.2k | $10.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3032
- Latitude
- 37.694
