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Property profile & analytics
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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