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    2548 S Seneca St Wichita, KS 67217

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    For Sale
    $1,609,000

    Recently remodeled retail building with long-term NNN leases.

    Property size:
    4,000 SF
    Lot size:
    0.50 Acres

    Property Features for 2548 S Seneca St

    General Information

    Size
    4,000 SF
    Lot size
    0.50 Acres

    Source: Commercial Investment Advisors (CIA) - Corporate Agent Jessica Gibson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Retail Building For Sale

    This 4,000 square foot retail building has been recently remodeled and is available for sale. The property is currently occupied by tenants under long-term NNN leases. According to Placer.ai, the Little Caesars location is ranked #1 in the state of Kansas and in the top 83% nationally, while the Wingstop location is ranked #2 in Kansas and in the top 85% nationally. The property benefits from high traffic counts, with over 31,000 vehicles per day at the intersection of Seneca Street and Pawnee Avenue. The leases include rental increases of 5% every 5 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Little Caesars Pizza Restaurant Wingstop Chicken Wings Restaurant Thighstop Chicken Wings Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3520627
    Latitude
    37.6480099

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    FAQs

    What type of property is this?
    Drive through restaurant - Recently remodeled retail building with long-term NNN leases.
    Where is this drive through restaurant located?
    The property is located at 2548 S Seneca St Wichita, KS.
    What is the asking price?
    The asking price for this property is $1,609,000.
    What are key features of this property?
    This property features: - Long term NNN leases offer stable income.; - Recently remodeled building.; - Home to the #1 Little Caesars in Kansas (PLACER.AI).
    (602) 770-7145
    Request Owner's contact information
    2548 S Seneca St Wichita, KS 67217
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    Wichita, KS 67217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2548 S Seneca St Wichita, KS 67217
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