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    8641 13Th St Wichita, KS 67212

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    For Lease
    Contact for pricing

    Class A retail/office space, prime Wichita location.

    Lot size:
    11,403 SF

    Property Features for 8641 13Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,403 SF
    Class
    A

    Spaces For Lease

    at 8641 13Th St, Wichita, KS 67212 Contact us
    Unit Suite 102

    $14 /Mo

    Size
    1,724 SF
    Contact us
    Unit Suite 105

    $14 /Mo

    Size
    1,516 SF
    Contact us
    Unit Suite 109

    $14 /Mo

    Size
    1,257 SF
    Contact us
    Unit Suite 112

    $14 /Mo

    Size
    1,050 SF
    Contact us
    Unit Suite 113

    $14 /Mo

    Size
    1,523 SF
    Contact us
    Unit Suite 114

    $14 /Mo

    Size
    1,408 SF
    Contact us
    Unit Suite 115

    $14 /Mo

    Size
    1,416 SF
    Contact us
    Unit Suite 107

    $16 /Mo

    Size
    1,509 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Charlie King
    Charlie King

    Listing Agency: Occidental Management Listing Agent: Charlie King

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tyler Pointe Shopping Center, located at 8641 W 13th St N in Wichita, Kansas (zip code 67212), offers exceptional retail and office space in a thriving West Wichita location. This Class A strip center boasts a total of 8 available spaces, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 50,000 square feet. Currently, there are 61,400 square feet of vacant space available, providing ample opportunity for businesses of various sizes. The center benefits from a strong location within Sedgwick County, shadow anchored by the prominent Dillon's grocery store and Wesley Medical Center, ensuring high visibility and consistent foot traffic. The property is situated on a heavily trafficked four-lane arterial, 13th Street, providing easy access for commuters traveling between east and west Wichita. This established area is experiencing continued residential growth, making it an ideal location for businesses seeking to capitalize on a robust and expanding market. The property's strategic location and Class A designation make it an attractive option for businesses seeking a high-profile presence in a dynamic and growing community. The available spaces are perfect for a variety of uses, from small retail shops to larger office spaces. Contact us today to learn more about this exceptional opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mochinut - West Wichita Bakery Restoration Chiropractic Alternative Medicine Practice Bakers Haus (Bike/Boat/Book/etc) Store Tyler Pointe Shopping ... Shopping Center & Mall Wichita Psychiatric Consultant: ... Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.4420229
    Latitude
    37.7080864

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    FAQs

    What type of property is this?
    Neighborhood center - Class A retail/office space, prime Wichita location.
    Where is this neighborhood center located?
    The property is located at 8641 13Th St Wichita, KS.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: 8 available retail and office spaces, 1,400 - 50,000 SF contiguous.; 61,400 SF of vacant space available in a Class A strip center.; Strong West Wichita location, shadow-anchored by Dillon's and Wesley Medical Center.
    (316) 330-9355 Call to check price and availability
    Request Owner's contact information
    8641 13Th St Wichita, KS 67212
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    Wichita, KS 67212
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    8641 13Th St Wichita, KS 67212
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Charlie King
    Charlie King
    Real Estate License ID: 00234848
    (316) 330-9355
    Learn more
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