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    OFF-MARKET
    Commercial real estate

    325 Ridge Rd, Wichita, KS 67209

    550 SF 0.43 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Wichita, Kansas, presents a 550 square foot commercial property located at 325 S Ridge Rd, situated on a 0.43-acre lot. The property is secured by a 15-year absolute NNN lease with 7 Brew Coffee, a nationally recognized coffee shop, guaranteeing consistent income. The current annual Net Operating Income (NOI) stands at $90,000, demonstrating strong financial performance. The lease includes an attractive 8% rent increase every five years, providing built-in growth potential for long-term investors. This property boasts an unparalleled location, benefiting from high visibility and accessibility. The intersection of Ridge Rd and Maple St sees over 45,000 vehicles daily, ensuring significant exposure for the tenant. The property's proximity to Lowe's Home Improvement, Chick-fil-A, and other major retailers creates a synergistic environment, attracting a steady stream of potential customers. This combination of a strong tenant, a secure lease structure, and a prime location makes this a compelling investment opportunity for both seasoned and new commercial real estate investors. The asking price for this property is $1,600,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2024
    Total area 550 SF
    Lot 0.43 ac (18,731 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
    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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