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    2243 Tyler Rd Wichita, KS 67205

    Sponsored
    For Lease
    $16 SF/Yr

    1600 sq ft Office/Retail Space, Ample Parking

    Lot size:
    1,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,600 square foot commercial space is ideally situated at the bustling intersection of 21st and Tyler Road in Wichita, Kansas, zip code 67205. Located in a single-story, 1997-built building, this property offers ample parking and is zoned for limited commercial use. The space is currently vacant and ready for immediate occupancy. Previously used as a restaurant, it boasts existing infrastructure including a hood and three-compartment sink, making it perfect for a variety of food service or office uses. The property's versatile nature allows for traditional office, coworking, or creative office setups. Its prime location benefits from high visibility and foot traffic, situated directly across from the Regal Warren West movie theater. Nearby businesses include Sola Salon, Uptown Cheapskate, Commerce Bank, Sherwin Williams, and Kobe Steak House. Further enhancing its appeal, a K-pot Korean BBQ & Hot Pot restaurant is slated to open next door in Spring 2025, promising increased traffic and synergy. This is a rare opportunity to secure a well-located, adaptable space in a thriving Wichita commercial area. The property is categorized as Retail and Office, with subtypes including Traditional Office, Coworking, and Creative Office.

    Property Features for 2243 Tyler Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,600 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,600 SF
    Rate per SF
    $16

    HighLights

    • Lease Rate: $16.50/SF, NNN.
    • Estimated NNN Expenses: $6.00/SF.
    • 1,600 SF Available.
    • Built in 1997.
    • Ample Parking with Door‑Side Access.
    • Monument and Building Signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Elevate Salon Beauty Salon Susan and Lan Nails ... Nail Salon B.K Hair Studio Hairdresser Hibachi Boy Asian Restaurant The Wicker Chair Salon ... Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.44508089259
    Latitude
    37.724484256181

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    FAQs

    What type of property is this?
    Restaurant - 1600 sq ft Office/Retail Space, Ample Parking
    Where is this restaurant located?
    The property is located at 2243 Tyler Rd Wichita, KS.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Lease Rate: $16.50/SF, NNN.; Estimated NNN Expenses: $6.00/SF.; 1,600 SF Available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2243 Tyler Rd Wichita, KS 67205
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