HTeaO NNN Drive-Thru
For Sale
Contact for pricing
12930 E 21st St N, Wichita, KS 67230
Newly constructed single-tenant asset with an absolute triple-net lease and extension options.
Property SizeContact for details
Days on Market143
Property Features for 12930 E 21st St N
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Pegasus Investments
(310) 691-1350
Listed By:
Tony Veiller · License #CA 01995952
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 11:09AM
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 Pegasus Investments
Investment Insights
Based on property information with market context.
Located at 12930 E 21st St N in Wichita, Kansas, this newly constructed property is occupied by HTeaO as a single-tenant drive-thru operation. The lease is structured as absolute NNN, with 10 years remaining in the initial base term and two five-year extension options. HTeaO was founded in 2009 and has 68 locations across five states, with more than 425 franchise licenses awarded.
The property provides access to KKS-96, Wichita’s primary market loop, and sits within an affluent area where average household income exceeds $175,000. Whole Foods, Trader Joe’s, REI, and Lululemon are among the nearby retailers. Wichita State University is less than 10 minutes west and serves 22,000 students, with an additional 200,000 annual visitors attending conferences and sporting events.
Area development includes Greenwich Place Shopping Center, a 106-acre lifestyle center with a $25 million Topgolf facility and two sports complexes drawing a combined 2 million visitors annually. The Waterfront adds 180 acres of mixed-use development, including 200,000 square feet of retail and 700,000 square feet of office space.
The property provides access to KKS-96, Wichita’s primary market loop, and sits within an affluent area where average household income exceeds $175,000. Whole Foods, Trader Joe’s, REI, and Lululemon are among the nearby retailers. Wichita State University is less than 10 minutes west and serves 22,000 students, with an additional 200,000 annual visitors attending conferences and sporting events.
Area development includes Greenwich Place Shopping Center, a 106-acre lifestyle center with a $25 million Topgolf facility and two sports complexes drawing a combined 2 million visitors annually. The Waterfront adds 180 acres of mixed-use development, including 200,000 square feet of retail and 700,000 square feet of office space.
Key Highlights
- Newly constructed single‑tenant HTeaO drive‑thru property
- Absolute NNN lease with 10 years in the initial base term
- Two five‑year lease extension options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
Demographics for 67230, KS
12,633
Population
4,093
Households
3.1
Avg Household Size
44
Median Age
63%
College-Educated
98%
High-School Grad
9.8 sq mi
ZIP Area
1,289
Density / Sq Mi
$151,173
Median Household Income
$67,417
Median Earnings
$2,026
Median Rent
$388,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed single-tenant asset with an absolute triple-net lease and extension options.
Where is this nnn property located?
The property is located at 12930 E 21st St N Wichita, KS.
What are key features of this property?
This property features: Newly constructed single‑tenant HTeaO drive‑thru property; Absolute NNN lease with 10 years in the initial base term; Two five‑year lease extension options
