Free-Standing QSR with
602 N West St Wichita, KS 67203
For Sale
Contact for pricing
Free-standing QSR built in 1969 on a 0.48-acre lot with a drive-thru pickup window and current tenant income.
Property Size1,636 SF
Price / SF$366.75
Days on Market154
Property Features for 602 N West St
General Information
Standard status
Active
Size
1,636 SF
Property subtype
RETAIL
Listing Agency:
Landmark Commercial Real Estate
(316) 680-7073
Listed By:
Andrea Ray · License #00248575
(316) 680-7073
Source:
Moodyscre
Added: Feb 25
Changed: Jul 27
Last Checked: Jul 28 at 3:42PM
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 free-standing QSR investment property totals 1,636 square feet and was built in 1969. The building includes a drive-thru pick-up window and is currently leased to Blazin Halal Food, providing in-place income for an investor.
The property is located at a high-traffic intersection of Central Avenue and West Street in west Wichita. Public remarks state approximately 41,000 vehicles per day pass the site, supported by an established commercial corridor with national and local retailers and dense nearby residential neighborhoods.
Offered for sale, the asset has operated in this centralized west-side location for over 30 years. Lease details are available through the broker, and the tenant should not be disturbed.
The property is located at a high-traffic intersection of Central Avenue and West Street in west Wichita. Public remarks state approximately 41,000 vehicles per day pass the site, supported by an established commercial corridor with national and local retailers and dense nearby residential neighborhoods.
Offered for sale, the asset has operated in this centralized west-side location for over 30 years. Lease details are available through the broker, and the tenant should not be disturbed.
Key Highlights
- Free‑standing QSR investment property with 1,636 SF built in 1969
- 0.48‑acre lot at the intersection of Central Avenue and West Street in west Wichita
- Drive‑thru pickup window and a layout designed for QSR service
Financial Insights For Specialty 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 | $25.5k | $15.60 |
| − Vacancy | −$1.9k | −$1.17 |
| EGI | $23.6k | $14.43 |
| − OpEx | −$5.9k | −$3.61 |
| NOI | $17.7k | $10.82 |
1,636 SF · lease $15.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$252.9K
$221.3K – $295.1K
NOI $17,706 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$400.5K
$350.4K – $467.2K
NOI $28,034 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Free-standing QSR built in 1969 on a 0.48-acre lot with a drive-thru pickup window and current tenant income.
Where is this drive through restaurant located?
The property is located at 602 N West St Wichita, KS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Free‑standing QSR investment property with 1,636 SF built in 1969; 0.48‑acre lot at the intersection of Central Avenue and West Street in west Wichita; Drive‑thru pickup window and a layout designed for QSR service
