4540 13Th St Wichita, KS 67208
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High-yield, multi-tenant retail center.
Property size:
2,760 SFProperty Features for 4540 13Th St
General Information
- Property type
- Individual retail properties
- Square Feet
- 2,760 SF
- Lot Size
- 16,117 SF
Building Details
- Year Built/Renovated
- 1968/2020
- Buildings
- 1
- Stories
- 1
- Units
- 2
Listing Agency: Petra LLC Listing Agent: Brett Gehrer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional value-add retail investment property, located at 4540 E 13th St N in Wichita, Kansas, presents a compelling opportunity for investors. The 2,760 square foot building sits on a 0.37-acre lot and boasts 14 parking spaces. Currently housing two tenants—Metro by T-Mobile (since 2017) and Mars Mart 3 (since 2019)—the property enjoys 100% occupancy with a gross lease structure. Both tenants benefit from established loyal customer bases. Built in 1968 and renovated in 2020, the single-story building is in excellent condition with no known deferred maintenance. The property is zoned LC and offers a compelling price per square foot of $108.33, with an asking price of $299,000. Rent bumps are included in the lease agreements, providing future income growth potential. This multi-tenant retail center is an ideal entry point for commercial real estate ownership, offering strong cash flow and significant upside. The property features two units, each contributing to the overall profitability. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a desirable Wichita location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mars Mart 3
Grocery & Convenience Store
Metro by T-Mobile
Mobile Phone Store
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.283026368527
- Latitude
- 37.708407067496
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FAQs
What type of property is this?
Individual retail property - High-yield, multi-tenant retail center.
Where is this individual retail property located?
The property is located at 4540 13Th St Wichita, KS.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,760 SF retail center in Wichita, KS on a 0.37-acre lot with 14 parking spaces.; 100% occupied with two tenants (Metro by T-Mobile since 2017 and Mars Mart 3 since 2019) under gross leases with rent bumps.; Excellent condition, single-story building (built 1968, renovated 2020), no deferred maintenance.
