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Double Drive-Thru Triple-Net Lease
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160 S Rock Rd, Wichita, KS 67207

Brand-new 2023 ground-up restaurant with a rare double drive-thru structure under a 20-year absolute NNN ground lease.

Property SizeContact for details
Days on Market147

Property Features for 160 S Rock Rd

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Additional Details

Lease Term 240 months

Building Details

Year Built 2023
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Tyler Bindi · License #CA 02116455
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 9:23AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

This offering is a 20-year absolute triple net (NNN) ground lease with no landlord responsibilities, backed by brand-new 2023 ground-up construction. The property is a drive-through restaurant concept featuring a state-of-the-art double drive-thru design.

The site is located in growing Wichita, Kansas, and is described as being across the street from Town East Square, identified as the largest retail shopping destination in Central Kansas. The public remarks also state the property is positioned on a retail corridor with national retailers, including Costco, Whole Foods, and Chick-fil-A.

The lease structure is described as including attractive rental increases of 10% every five years, including option periods. The public remarks further note proximity to Wichita State University and ease of access to Beech Factory Airport and downtown Wichita.

Key Highlights

  • 20‑year absolute NNN ground lease with no landlord responsibilities
  • Brand‑new 2023 ground‑up restaurant construction in Wichita, KS
  • Double drive‑thru restaurant with a double drive‑thru structure

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Building Supply HVAC Service Pharmacy Dental Office Big Box & Wholesale Store Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby
741k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 52% Dining 30% Groceries 10% Shops & Services 9%
Scheels Apparel
216,043 visits/mo 0.3 miles
JCPenney Apparel
73,289 visits/mo 0.3 miles
Dillons Groceries
71,437 visits/mo 0.5 miles
Dillard's Apparel
67,757 visits/mo 0.2 miles
QuikTrip Shops & Services
42,152 visits/mo 0.1 miles

Demographics for 67207, KS

28,143
Population
12,755
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
10.4 sq mi
ZIP Area
2,706
Density / Sq Mi
$66,400
Median Household Income
$39,070
Median Earnings
$961
Median Rent
$204,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Brand-new 2023 ground-up restaurant with a rare double drive-thru structure under a 20-year absolute NNN ground lease.
Where is this drive through restaurant located?
The property is located at 160 S Rock Rd Wichita, KS.
What are key features of this property?
This property features: 20‑year absolute NNN ground lease with no landlord responsibilities; Brand‑new 2023 ground‑up restaurant construction in Wichita, KS; Double drive‑thru restaurant with a double drive‑thru structure
(310) 909-5500 Call to check price and availability
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