4339 Broadway St Wichita, KS 67216
- Lifestyle centers
- 13,039 SF
- 2.88 lot acres
Current Use by Public Records
- Custom Auto Group/ C.A.G. customs / Used Car Dealer / Auto Tune Up Service
Property Details for 4339 Broadway St
- Year built
- 1950
- Lot size
- 2.88 lot acres
- Property size
- 13,039 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional value-add opportunity presents a 13,039 square foot shopping center situated on a 2.88-acre lot in South Wichita, Kansas. Priced at $650,000, this multi-tenant property offers significant upside potential. Currently boasting 55% occupancy across eight units, the center includes a desirable end-cap space with a drive-thru. Built in 1950, the single-building property is zoned for general commercial use and features a modified gross lease structure. The asking price equates to $49.85 per square foot. The property's location at 4339 S Broadway, Wichita, KS 67216, places it within a thriving commercial area. Current tenancy includes one tenant in the first year of a three-year lease with annual escalations, and another tenant on a month-to-month agreement. This presents a chance to increase occupancy and rental income, maximizing return on investment. The property's size and location make it an ideal investment for those seeking a strong foothold in the South Wichita market. Broker co-op is available.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3344
- Latitude
- 37.6159
