High-Visibility Automotive
9045 East Kellogg Drive Wichita, KS 67207
9045 East Kellogg Drive, Wichita, KS, 67207
Contact for pricing
For Sale
Contact for pricing
Former Mitsubishi site with direct frontage along US-400 and immediate access to I-135.
Property Size22,344 SF
Price / SF$129.79
Days on Market79
Property Features for 9045 East Kellogg Drive
General Information
- Standard status
- Active
- Size
- 22,344 SF
- Property subtype
- Retail, Industrial
Listing agency
Landmark Commercial Real Estate
(316) 262-2442
Listed by
Brad Saville · License #KS 00041653
Source
Crexi
Added: May 5 Updated: Jul 21 at 3:30PM Checked: Jul 21 at 3:30PM
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.
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.
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
Local 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 | $335.2k | $15.00 |
| − Vacancy | −$18.4k | −$0.83 |
| EGI | $316.7k | $14.17 |
| − OpEx | −$95.0k | −$4.25 |
| NOI | $221.7k | $9.92 |
22,344 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.17M
$2.77M – $3.70M
NOI $221,708 @ 7.0% cap · market cap 7.65%
Second Best
Industrial
$1.89M
$1.65M – $2.21M
NOI $132,321 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$4.82M
$4.22M – $5.63M
NOI $337,584 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mitsubishi Motors Parts ...
Auto Parts Store
Family Mitsubishi
Car Dealership
Bosley Bargains
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Eddy's Recon Service — 8801 E Kellogg Dr, Wichita, KS 67207
- 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
FAQs
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 $2,900,000.
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
