Retail Shopping Center with Strong
3605 N Rock Rd Wichita, KS 67226
For Sale
Contact for pricing
Shopping center offers an available 4,000 SF space with a 2-year master lease back structure.
Property Size11,624 SF
Lot Size1.27 Acres
Price / SF$230.54
Days on Market49
Property Features for 3605 N Rock Rd
General Information
Standard status
Active
Size
11,624 SF
Lot size
1.27 Acres
Property subtype
RETAIL
Listing Agency:
Landmark Commercial Real Estate
(316) 371-8087
Listed By:
David M Leyh, CCIM SEC
(316) 371-8087
Source:
Moodyscre
Added: Jun 11
Changed: Jul 26
Last Checked: Jul 28 at 3:01PM
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 Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail shopping center totals 11,624 SF on 1.27 acres and includes an available 4,000 SF space offered with a two-year master lease back. The offering is described for $16.50/SF plus NNN, and the property is listed for sale.
The center is located at 3605 N Rock Rd, Wichita, KS 67226, with access to K-96 described as about two blocks south. Public remarks note strong visibility along N. Rock Rd and immediate access to K-96. Existing center tenants include FedEx and Puppy Dreams.
According to the provided information, the property’s tax expense is $28,793.74 for 2025, and it is positioned near Koch Industries, an Amazon distribution presence, Wichita State, and Jabara Airport.
The center is located at 3605 N Rock Rd, Wichita, KS 67226, with access to K-96 described as about two blocks south. Public remarks note strong visibility along N. Rock Rd and immediate access to K-96. Existing center tenants include FedEx and Puppy Dreams.
According to the provided information, the property’s tax expense is $28,793.74 for 2025, and it is positioned near Koch Industries, an Amazon distribution presence, Wichita State, and Jabara Airport.
Key Highlights
- Shopping center with 11,624 SF building on 1.27 AC
- Available space: 4,000 SF with 2‑year master lease back at $16.50/SF + NNN
- Access to K‑96: entry point noted as K‑96 access 2 blocks south
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 | $185.5k | $15.96 |
| − Vacancy | −$15.8k | −$1.36 |
| EGI | $169.7k | $14.60 |
| − OpEx | −$50.9k | −$4.38 |
| NOI | $118.8k | $10.22 |
11,624 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.70M
$1.49M – $1.98M
NOI $118,825 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,470 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Siena Plaza — 7718 E 37th St N, Wichita, KS 67226
- Brush Creek Plaza — Wichita, KS 67220
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offers an available 4,000 SF space with a 2-year master lease back structure.
Where is this shopping center located?
The property is located at 3605 N Rock Rd Wichita, KS.
What is the asking price?
The asking price for this property is $2,679,811.
What are key features of this property?
This property features: Shopping center with 11,624 SF building on 1.27 AC; Available space: 4,000 SF with 2‑year master lease back at $16.50/SF + NNN; Access to K‑96: entry point noted as K‑96 access 2 blocks south
