233-241 S Lulu, Wichita, KS
Historic Hyde Park property with architectural charm and modern functionality.
- Added:
- Oct 29, 2025
- Days on Market:
- 226
- Last Refresh:
- May 20 at 9:38 pm
Property Features for 233-241 S Lulu
General Information
- Standard status
- Active
- Size
- 7,607 SF
- Lot size
- 0.41 Acres
- Property subtype
- RETAIL
Listing agent Carl Hebert, CCIM License #00227891 (316) 210-4130
Listing office InSite Real Estate Group, LLC (316) 210-4130
Listing date Oct 29, 2025
Source Moodyscre
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
HighLights
- Total building size of 7,607 SF.
- Located in Wichita's historic Hyde Park neighborhood.
- Blend of architectural charm and modern functionality.
- Showcases timeless construction.
- Oversized windows provide abundant natural light.
- Garage space of 450 SF.
Overview
Local 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 | $121.4k | $15.96 |
| − Vacancy | −$10.3k | −$1.36 |
| EGI | $111.1k | $14.60 |
| − OpEx | −$33.3k | −$4.38 |
| NOI | $77.8k | $10.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3215
- Latitude
- 37.683
