93% Occupied Strip
2110 N Maize Rd. Wichita, KS 67205
For Sale
Contact for pricing
Strip center with 93% occupancy and key tenants including Jacob Liquor, AAA, and Papa Murphys.
Property Size12,887 SF
Price / SF$256.07
Days on Market169
Property Features for 2110 N Maize Rd.
General Information
Standard status
Active
Size
12,887 SF
Property subtype
RETAIL
Listing Agency:
NAI Martens
(316) 253-0660
Listed By:
Patrick Ahern · License #SP00052327
(316) 253-0660
Source:
Moodyscre
Added: Feb 10
Changed: Jul 26
Last Checked: Jul 28 at 3:16PM
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 NAI Martens
Investment Insights
Based on property information with market context.
This 12,887 SF strip center is currently 93% occupied and provides a diversified retail mix anchored by tenants including Jacob Liquor, AAA, and Papa Murphys.
The property is located at 2110 N. Maize Rd. in Wichita, KS. The listing is for sale, and financial information is available upon request.
The property is located at 2110 N. Maize Rd. in Wichita, KS. The listing is for sale, and financial information is available upon request.
Key Highlights
- 12,887 SF strip center
- Currently 93% occupancy
- Key tenants include Jacob Liquor, AAA, and Papa Murphys
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 | $170.1k | $13.20 |
| − Vacancy | −$11.1k | −$0.86 |
| EGI | $159.1k | $12.34 |
| − OpEx | −$47.7k | −$3.70 |
| NOI | $111.3k | $8.64 |
12,887 SF · lease $13.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.59M
$1.39M – $1.86M
NOI $111,336 @ 7.0% cap · market cap 3.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.74M
$2.39M – $3.19M
NOI $191,511 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Strip center with 93% occupancy and key tenants including Jacob Liquor, AAA, and Papa Murphys.
Where is this strip mall located?
The property is located at 2110 N Maize Rd. Wichita, KS.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 12,887 SF strip center; Currently 93% occupancy; Key tenants include Jacob Liquor, AAA, and Papa Murphys
