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High-Visibility Automotive Property
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9045 East Kellogg Drive, Wichita, KS 67207

Former Mitsubishi site with direct frontage along US-400 and immediate access to I-135.

Property Size22,344 SF
Price / SF$119.72
Days on Market169

Property Features for 9045 East Kellogg Drive

General Information

Standard status Active
Size 22,344 SF
Class B
Property subtype Retail, Industrial
Zoning General Commercial

Site & Location

Traffic Count 100,000 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Landmark Commercial Real Estate
Listed By: Brad Saville · License #KS 00041653
Source: Crexi
Added: May 5 Changed: Oct 11 Last Checked: Oct 20 at 7:28PM

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

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Investment Insights

Based on property information with market context.

Offered for sale is the former Family Mitsubishi property, a high-visibility automotive site at 9045 East Kellogg Drive in Wichita, Kansas. The property benefits from direct frontage along Kellogg (US-400) and immediate access to I-135 via Turnpike.

The site sits within one of Wichita’s primary retail and automotive corridors and is surrounded by established retail, auto dealerships, service businesses, and national and regional users. It also has strong connectivity to I-135 and K-96 through nearby interchanges.

The property is positioned to capture consistent roadway exposure, with traffic counts of approximately 100,000 vehicles per day.

Key Highlights

  • Former Family Mitsubishi property with direct frontage along US‑400 (East Kellogg)
  • Immediate access to I‑135 (Turnpike) with connectivity to I‑135 and K‑96 via nearby interchanges
  • High‑traffic site with approximately 100,000 vehicles per day

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$221,708
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,434,160 $4.4M
Cap Rate 7%
$3,167,257 $3.2M
Cap Rate 9%
$2,463,422 $2.5M
Market Conditions
NOI Build-Up for 22,344 SF
Gross rent
$335.2K $15.00/SF
− Vacancy
−$18.4K −$0.83/SF
EGI
$316.7K $14.17/SF
− OpEx
−$95.0K −$4.25/SF
NOI
$221.7K $9.92/SF
Area
ZIP 67207
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,434,160
Cap Rate 7%
$3,167,257
Cap Rate 9%
$2,463,422

Alternative Uses

Best Use
Retail
$3.17M
$2.77M – $3.70M (±1% cap)
NOI $221,708 @ 7.0% cap · market cap 8.29%
Second Best
Industrial
$1.89M
$1.65M – $2.21M (±1% cap)
NOI $132,321 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$4.82M
$4.22M – $5.63M (±1% cap)
NOI $337,584 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mitsubishi Motors Parts ... Auto Parts Store Family Mitsubishi Car Dealership Bosley Bargains (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Dental Office Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

282
Businesses Nearby
213k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 50% Shops & Services 26% Apparel 13% Hotels & Casinos 9%
Costco Wholesale Superstores
106,694 visits/mo 0.4 miles
Costco Gasoline Shops & Services
36,319 visits/mo 0.3 miles
Burlington Apparel
24,379 visits/mo 0.5 miles
Dollar Tree Shops & Services
11,551 visits/mo 0.5 miles
Wichita Marriott Hotels & Casinos
7,491 visits/mo 0.3 miles

Demographics for 67207, KS

28,143
Population
12,755
Households
2.2
Avg Household Size
34
Median Age
29%
College-Educated
88%
High-School Grad
10.4 sq mi
ZIP Area
2,706
Density / Sq Mi
$66,400
Median Household Income
$39,070
Median Earnings
$961
Median Rent
$204,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Redbeards Automotive — 1226 Fox Run, Wichita, KS 67207
  • City Paint — 650 S Webb Rd, Wichita, KS 67207
  • Steven Motors Collision Repair — 650 s webb rd, wichita, ks 67207
  • Eddy's Body Shop — 650 S Webb Rd, Wichita, KS 67207
  • Eddy's Recon Service — 8801 E Kellogg Dr, Wichita, KS 67207

Frequently Asked Questions

What type of property is this?
Auto shop - Former Mitsubishi site with direct frontage along US-400 and immediate access to I-135.
Where is this auto shop located?
The property is located at 9045 East Kellogg Drive Wichita, KS.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: Former Family Mitsubishi property with direct frontage along US‑400 (East Kellogg); Immediate access to I‑135 (Turnpike) with connectivity to I‑135 and K‑96 via nearby interchanges; High‑traffic site with approximately 100,000 vehicles per day
(316) 262-2442 Call to check price and availability
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