Single-Tenant Retail
2323 N Amidon Ave, Wichita, KS 67204
For Sale
$2,513,166
Single-tenant retail store available for sale, totaling 20,910 square feet.
Property Size20,910 SF
Price / SF$120.19
Days on Market104
Property Features for 2323 N Amidon Ave
General Information
Standard status
Size
Property subtype
Lease Term
Net Operating Income
Site & Location
Neighborhood
Additional Details
Asking Price
Building Details
Building Size
Tenancy
Listed By:
Alex DeSoto · License AZ SA705467000
(602) 898-8499
Source:
Matthews
Added: Jul 30
Changed: Nov 1
Last Checked: Nov 8 at 2:10AM
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 Alex DeSoto
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a single-tenant retail store totaling 20,910 SF, offered for sale. The asset is configured as a dedicated retail facility rather than a multi-tenant shopping center.
The storefront is located at 2323 N Amidon Ave in Wichita, KS 67204.
The storefront is located at 2323 N Amidon Ave in Wichita, KS 67204.
Key Highlights
- Single‑tenant retail store totaling 20,910 SF
- Dedicated retail setup designed for one tenant
- For sale retail asset at 2323 N Amidon Ave, Wichita, KS 67204
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$213,750
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,275,000
$4.3M
Cap Rate 7%
$3,053,571
$3.1M
Cap Rate 9%
$2,375,000
$2.4M
Market Conditions
NOI Build-Up for 20,910 SF
Gross rent
$333.7K $15.96/SF
− Vacancy
−$28.4K −$1.36/SF
EGI
$305.4K $14.60/SF
− OpEx
−$91.6K −$4.38/SF
NOI
$213.7K $10.22/SF
Area
Wichita, KS
Vacancy
8.50%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,275,000
Cap Rate 7%
$3,053,571
Cap Rate 9%
$2,375,000
Alternative Uses
Best Use
Retail
$3.05M
$2.67M – $3.56M
NOI $213,750 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.18M
$4.53M – $6.04M
NOI $362,417 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
291k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 30%
Shops & Services 14%
Electronics 2%
Dillons
Groceries
38,521 visits/mo
0.2 miles
Walmart Neighborhood Market
Groceries
32,738 visits/mo
0.3 miles
McDonald's
Dining
28,779 visits/mo
0.2 miles
Dollar Tree
Shops & Services
19,140 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
16,707 visits/mo
0.3 miles
Demographics for 67204, KS
21,932
Population
9,424
Households
2.3
Avg Household Size
38
Median Age
24%
College-Educated
79%
High-School Grad
16.1 sq mi
ZIP Area
1,362
Density / Sq Mi
$68,549
Median Household Income
$39,258
Median Earnings
$976
Median Rent
$148,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Wichita
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant retail store available for sale, totaling 20,910 square feet.
Where is this retail space located?
The property is located at 2323 N Amidon Ave Wichita, KS.
What is the asking price?
The asking price for this property is $2,513,166.
What are key features of this property?
This property features: Single‑tenant retail store totaling 20,910 SF; Dedicated retail setup designed for one tenant; For sale retail asset at 2323 N Amidon Ave, Wichita, KS 67204
