Freestanding Retail Building with
For Sale
Contact for pricing
2010 E Pawnee St, Wichita, KS 67211
Freestanding retail building with an income-producing liquor store tenant, dedicated parking, and easy ingress and egress near I-135.
Property Size570 SF
Price / SF$173.68
Days on Market282
Property Features for 2010 E Pawnee St
General Information
Standard status
Active
Size
570 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
J.P. Weigand & Sons, Inc.
(913) 707-8992
Listed By:
Matthew McClure · License #00246245
(913) 707-8992
Source:
Moodyscre
Added: Oct 23, 2025
Changed: Jul 30
Last Checked: Jul 30 at 8:54PM
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.
Investment Insights
Based on property information with market context.
Freestanding retail building offering strong frontage on east Pawnee. The property is sized at 570 SF and features dedicated parking with easy ingress and egress. An income-producing tenant is in place, operating as a liquor store.
The building is located in a high-traffic area surrounded by dense residential neighborhoods. It sits just west of Rick’s Car Wash, with nearby convenience retail, QSR, service businesses, and surrounding rooftops. The property is minutes from Hwy I-135, supporting day-to-day visibility and customer access within an established retail corridor.
The current tenant presence and frontage-focused positioning make this a practical option for investors seeking stabilized retail cash flow or an owner-user looking for a high-exposure neighborhood retail location.
The building is located in a high-traffic area surrounded by dense residential neighborhoods. It sits just west of Rick’s Car Wash, with nearby convenience retail, QSR, service businesses, and surrounding rooftops. The property is minutes from Hwy I-135, supporting day-to-day visibility and customer access within an established retail corridor.
The current tenant presence and frontage-focused positioning make this a practical option for investors seeking stabilized retail cash flow or an owner-user looking for a high-exposure neighborhood retail location.
Key Highlights
- Income‑producing liquor store tenant in place
- Freestanding retail building with strong frontage on east Pawnee
- Dedicated parking with easy ingress and egress
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 | $9.1k | $15.96 |
| − Vacancy | −$773 | −$1.36 |
| EGI | $8.3k | $14.60 |
| − OpEx | −$2.5k | −$4.38 |
| NOI | $5.8k | $10.22 |
570 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$83.2K
$72.8K – $97.1K
NOI $5,827 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$141.1K
$123.5K – $164.7K
NOI $9,879 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
QuikTrip
Shops & Services
23,904 visits/mo
0.2 miles
Family Dollar
Shops & Services
4,702 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,709 visits/mo
0.1 miles
Demographics for 67211, KS
19,721
Population
9,568
Households
2.1
Avg Household Size
35
Median Age
14%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
3,867
Density / Sq Mi
$44,003
Median Household Income
$31,335
Median Earnings
$841
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail building with an income-producing liquor store tenant, dedicated parking, and easy ingress and egress near I-135.
Where is this retail space located?
The property is located at 2010 E Pawnee St Wichita, KS.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Income‑producing liquor store tenant in place; Freestanding retail building with strong frontage on east Pawnee; Dedicated parking with easy ingress and egress
