Absolute NNN Retail
For Sale
Contact for pricing
3223 N Rock Rd, Wichita, KS 67226
Absolute NNN lease structure places no landlord responsibilities on the property owner.
Property SizeContact for details
Days on Market145
Property Features for 3223 N Rock Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
National Retail Properties
Listed By:
Justin Leith · License #SL3295585
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:59AM
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 National Retail Properties
Investment Insights
Based on property information with market context.
The property is occupied by Chuck E. Cheese at 3223 N Rock Rd in Wichita, Kansas. It is subject to an absolute NNN lease, with no landlord responsibilities identified in the lease structure provided. CEC Entertainment, LLC provides the corporate guarantee.
The original 20-year lease began in 2014, leaving approximately 12 years in the initial term. Contractual annual increases are set at the lesser of 1.3x CPI or 2.00%, and the lease includes option periods.
The original 20-year lease began in 2014, leaving approximately 12 years in the initial term. Contractual annual increases are set at the lesser of 1.3x CPI or 2.00%, and the lease includes option periods.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- Chuck E. Cheese occupancy at 3223 N Rock Rd, Wichita, KS 67226
- Lease is corporately guaranteed by CEC Entertainment, LLC
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
645k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 36%
Dining 30%
Shops & Services 13%
Apparel 9%
Walmart
Superstores
125,144 visits/mo
0.4 miles
Sam's Club
Superstores
108,833 visits/mo
0.2 miles
AMC Northrock 14
Leisure
57,249 visits/mo
0.4 miles
Kohl's
Apparel
43,766 visits/mo
0.4 miles
McDonald's
Dining
30,283 visits/mo
0.3 miles
Demographics for 67226, KS
20,767
Population
9,256
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
24.7 sq mi
ZIP Area
841
Density / Sq Mi
$88,603
Median Household Income
$49,666
Median Earnings
$1,164
Median Rent
$274,700
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?
NNN property - Absolute NNN lease structure places no landlord responsibilities on the property owner.
Where is this nnn property located?
The property is located at 3223 N Rock Rd Wichita, KS.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; Chuck E. Cheese occupancy at 3223 N Rock Rd, Wichita, KS 67226; Lease is corporately guaranteed by CEC Entertainment, LLC
