Second-Generation Drive-Thru
2003 W Central Ave El Dorado, KS 67042
For Sale
Contact for pricing
Second-generation drive-thru restaurant at a signalized intersection with ample road signage and 30 parking spaces.
Property Size2,509 SF
Price / SF$278
Days on Market230
Property Features for 2003 W Central Ave
General Information
- Standard status
- Active
- Size
- 2,509 SF
- Property subtype
- RETAIL
Listing Agency:
InSite Real Estate Group, LLC
(316) 618-1100
Listed By:
Jake Ramstack · License #SP00230947
(316) 618-1100
Source:
Moodyscre
Added: Dec 8, 2025
Changed: Jul 25
Last Checked: Jul 25 at 10:29AM
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 InSite Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This offering features a second-generation drive-thru restaurant in good condition. The property is positioned for prominent visibility with ample signage from the roadway and includes 30 parking spaces.
Located at a signalized intersection on Central Ave, the site benefits from a busy main street traffic count of 14,800 VPD as provided in the remarks. The premises are currently occupied; please do not disturb the tenant.
Located at a signalized intersection on Central Ave, the site benefits from a busy main street traffic count of 14,800 VPD as provided in the remarks. The premises are currently occupied; please do not disturb the tenant.
Key Highlights
- Second‑generation drive‑thru restaurant at a signalized intersection
- Ample signage and visibility from the road
- Central Ave location with 14,800 VPD traffic count
Financial Insights For Specialty 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 | $39.1k | $15.60 |
| − Vacancy | −$2.9k | −$1.17 |
| EGI | $36.2k | $14.43 |
| − OpEx | −$9.1k | −$3.61 |
| NOI | $27.2k | $10.82 |
2,509 SF · lease $15.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$387.9K
$339.4K – $452.6K
NOI $27,154 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.7K
$466.1K – $621.4K
NOI $37,286 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KFC
Restaurant
FAQs
What type of property is this?
Drive through restaurant - Second-generation drive-thru restaurant at a signalized intersection with ample road signage and 30 parking spaces.
Where is this drive through restaurant located?
The property is located at 2003 W Central Ave El Dorado, KS.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Second‑generation drive‑thru restaurant at a signalized intersection; Ample signage and visibility from the road; Central Ave location with 14,800 VPD traffic count
