Plain Vanilla Box Retail
2202 E Central Ave Wichita, KS 67214
For Sale
Contact for pricing
Versatile retail suite offering 2,500 square feet for straightforward retail use.
Property Size2,500 SF
Price / SF$120.80
Days on Market59
Property Features for 2202 E Central Ave
General Information
Standard status
Active
Size
2,500 SF
Property subtype
RETAIL
Listing Agency:
Moeder & Associates
(316) 264-8530
Listed By:
Leon Moeder
(316) 264-8530
Source:
Moodyscre
Added: Jun 1
Changed: Jul 26
Last Checked: Jul 28 at 2:22PM
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 Moeder & Associates
Investment Insights
Based on property information with market context.
This plain vanilla box retail space is offered for sale with 2,500 square feet of interior retail area. It is positioned as a flexible option for tenants seeking a straightforward retail layout.
The property is located near major new medical developments in Wichita, KS, supporting continued demand in the surrounding area.
For viewing or additional details, contact the listing agent at 316-264-8530 ext 1.
The property is located near major new medical developments in Wichita, KS, supporting continued demand in the surrounding area.
For viewing or additional details, contact the listing agent at 316-264-8530 ext 1.
Key Highlights
- 2,500 SF retail suite designed for straightforward retail use
- Plain Vanilla Box retail space
- Located near major new medical developments
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 | $39.9k | $15.96 |
| − Vacancy | −$3.4k | −$1.36 |
| EGI | $36.5k | $14.60 |
| − OpEx | −$11.0k | −$4.38 |
| NOI | $25.6k | $10.22 |
2,500 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$365.1K
$319.5K – $425.9K
NOI $25,556 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$619.0K
$541.6K – $722.2K
NOI $43,331 @ 7.0% cap · market cap 14.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Stems — 2611 E Douglas Ave, Wichita, KS 67211
Frequently Asked Questions
What type of property is this?
Storefront property - Versatile retail suite offering 2,500 square feet for straightforward retail use.
Where is this storefront property located?
The property is located at 2202 E Central Ave Wichita, KS.
What is the asking price?
The asking price for this property is $302,000.
What are key features of this property?
This property features: 2,500 SF retail suite designed for straightforward retail use; Plain Vanilla Box retail space; Located near major new medical developments
