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Property profile & analytics
FOR SALE
Drive through restaurants

11333 E Central Ave Wichita, KS 67206

1,946 SF 0.61 ac lot Built 2008
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0325494
11333 E Central Ave, Wichita, KS 67206 For Sale
Contact for pricing 1,946 SF
11333 E Central Ave, Wichita, KS 67206
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Property summary
AI-generated overview

This exceptional 20,000 square foot commercial land parcel presents a unique build-to-suit opportunity in Sedgwick County, Kansas. Ideally situated just east of Greenwich Road on the south side of Central Avenue, adjacent to a QuikTrip, this property boasts a highly visible and accessible location with excellent traffic flow. Zoned Limited Commercial (LC), this lot offers significant potential for a variety of commercial developments. The legal description is Lot 1 and the North 20 feet of Lot 2, all in Block 1, The Fountains 2nd Addition. The seller is offering a build-to-suit arrangement, providing flexibility and customization for the ideal tenant. All City of Wichita utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. This prime location, combined with the build-to-suit option and convenient access to major thoroughfares, makes this an unparalleled investment opportunity for businesses seeking a strategic presence in a thriving area. The single-tenant zoning ensures a focused and controlled environment, ideal for businesses requiring dedicated space and control over their surroundings. Don't miss this chance to secure a prominent location in a high-traffic area with the added benefit of a customized build-to-suit arrangement.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2008
Construction FRAME
Total area 1,946 SF
Lot 0.61 ac (26,572 SF)
APN 087-115-22-0-22-03-001.01
UPID US33-0325494
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • El Gordo Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
CHUNG LONG INC
CHUNG LONG INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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