Multi-Tenant Retail
3411 N Rock Rd, Wichita, KS 67226
For Sale
$2,750,000
Two suites are leased, with additional retail space available within the center.
Property Size14,000 SF
Price / SF$196.43
Days on Market70
Property Features for 3411 N Rock Rd
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Traffic Count
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
Berkshire Hathaway PenFed Realty
(316) 636-2323
Listed By:
Shane Pullman
(316) 640-7375
Source:
Albright-realty
Added: Sep 1
Changed: Nov 8
Last Checked: Nov 8 at 8:53PM
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 Berkshire Hathaway PenFed Realty
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Investment Insights
Based on property information with market context.
This 14,000-square-foot multi-tenant retail center, built in 1994, has two leased suites and approximately 9,050 square feet available. Its configuration combines existing tenancy with space for additional retail occupants.
The property is at the K-96 and Rock Road intersection, where traffic is approximately 50,800 vehicles per day. Sam’s Club, Planet Fitness, Kohl’s, PetSmart, and national restaurant businesses are among the nearby retailers and dining destinations. Northrock Business Park and Integra Technologies are directly across from the site.
The property is at the K-96 and Rock Road intersection, where traffic is approximately 50,800 vehicles per day. Sam’s Club, Planet Fitness, Kohl’s, PetSmart, and national restaurant businesses are among the nearby retailers and dining destinations. Northrock Business Park and Integra Technologies are directly across from the site.
Key Highlights
- 14,000‑square‑foot multi‑tenant retail center built in 1994
- Approximately 9,050 SF available; two suites are leased
- At the K‑96 and Rock Road intersection
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,113
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,862,260
$2.9M
Cap Rate 7%
$2,044,471
$2.0M
Cap Rate 9%
$1,590,144
$1.6M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$223.4K $15.96/SF
− Vacancy
−$19.0K −$1.36/SF
EGI
$204.4K $14.60/SF
− OpEx
−$61.3K −$4.38/SF
NOI
$143.1K $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%
$2,862,260
Cap Rate 7%
$2,044,471
Cap Rate 9%
$1,590,144
Alternative Uses
Best Use
Retail
$2.04M
$1.79M – $2.39M
NOI $143,113 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.04M
NOI $242,651 @ 7.0% cap · market cap 8.82%
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
Open Analytics
Current Use
Lease Details
50,800 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
933
Businesses Nearby
456k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Superstores 24%
Shops & Services 18%
Apparel 13%
Sam's Club
Superstores
108,833 visits/mo
0.1 miles
AMC Northrock 14
Leisure
57,249 visits/mo
0.5 miles
Kohl's
Apparel
43,766 visits/mo
0.2 miles
McDonald's
Dining
30,283 visits/mo
0.1 miles
Braum's Ice Cream & Dairy Stores
Dining
21,339 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Comotara Center — Unnamed Road, N Rock Rd, Wichita, KS 67226
- Brush Creek Plaza — Wichita, KS 67220
- Siena Plaza — 7718 E 37th St N, Wichita, KS 67226
Frequently Asked Questions
What type of property is this?
Shopping center - Two suites are leased, with additional retail space available within the center.
Where is this shopping center located?
The property is located at 3411 N Rock Rd Wichita, KS.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 14,000‑square‑foot multi‑tenant retail center built in 1994; Approximately 9,050 SF available; two suites are leased; At the K‑96 and Rock Road intersection
