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    8440 29Th St Wichita, KS 67226

    For Sale
    Contact for pricing

    Class A retail/office center; high-growth area.

    Property size:
    14,524 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A shopping center, located at 8440 East 29th St N in Wichita, Kansas, presents a compelling value-add investment opportunity. The 14,524 square foot property, built in 2006, sits on a 1.448-acre lot and is zoned LC. The single-building complex comprises six individual units, currently housing three tenants. A significant portion of the space, approximately 7,100 square feet, is available as shell space, ready for immediate tenant build-out. A tenant improvement allowance is available to incentivize lease agreements. This property benefits from its strategic location just east of the high-traffic retail intersection of 29th and Rock Road in Sedgwick County, ensuring high visibility and accessibility for businesses. The property's strong existing tenancy, combined with the readily available shell space, offers significant potential for increased revenue and return on investment. This is an ideal opportunity for investors seeking a well-located, value-add property in a thriving Wichita market. The property's 2006 construction ensures modern amenities and efficient layouts, further enhancing its appeal to potential tenants. This is a rare opportunity to acquire a prime retail/office center in a high-demand location. The zip code is 67226.

    Property Features for 8440 29Th St

    General Information

    Property type
    Lifestyle centers
    Square Feet
    14,524 SF
    Class
    A
    Lot Size
    63,075 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Units
    6

    HighLights

    • Class A, 14,524 SF shopping center in Wichita, KS.
    • Six units on a 1.448‑acre lot.
    • 2006 construction with one building.
    • Located at 8440 East 29th St N, Wichita, KS 67226.
    • Value‑add investment opportunity with three existing tenants and 7,100 SF of available shell space.
    • LC zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    US Food & Drug ... Federal Government Office Arika J. Brown, ... Chiropractor Brown Chiropractic Chiropractor Anthony Mykel Barta Chiropractor Rachel Viner Chiropractor

    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
    -97.239453825426
    Latitude
    37.737794052981

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    FAQs

    What type of property is this?
    Lifestyle center - Class A retail/office center; high-growth area.
    Where is this lifestyle center located?
    The property is located at 8440 29Th St Wichita, KS.
    What are key features of this property?
    This property features: Class A, 14,524 SF shopping center in Wichita, KS.; Six units on a 1.448-acre lot.; 2006 construction with one building.
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    Wichita, KS 67226
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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
    8440 29Th St Wichita, KS 67226
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