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    OFF-MARKET
    Lifestyle centers

    10240 13Th St, Wichita, KS 67212

    10,240 SF 0.96 ac lot Built 1995
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a multi-tenant retail property located at 10240 W 13th St N, Wichita, KS 67212, in Sedgwick County. The property, built in 1995, encompasses 10,240 square feet on a 0.96-acre lot and is zoned for Light Commercial use within the City of Wichita. Currently boasting 100% occupancy across six units, this single-story, Class B building offers a strong net operating income (NOI) of $110,000, translating to an attractive 8.30% cap rate. The asking price is $1,325,000, representing $129.39 per square foot. The property's diverse tenant mix includes pharmacy/drug, shopping center, and storefront uses. This is a Net Lease (NNN) investment, meaning the tenant is responsible for most operating expenses. The land value alone is $37.05 per square foot. The property's location provides excellent visibility and access, making it an ideal investment for those seeking a stable, high-performing retail asset. The APN is 133-08-0-33-02-021.00. Serious inquiries only.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 1995
    Total area 10,240 SF
    Lot 0.96 ac (41,818 SF)
    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
    • Howard's Optical Dispensary Ophthalmologist (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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