927 Rock Rd Wichita, KS 67207

This exceptional 8,930 square foot shopping center in Wichita, Kansas, presents a compelling value-add opportunity. Currently 100% occupied with eight tenants under NNN leases, the property boasts a strong in-place cash flow with significant upside potential through rent increases. The stabilized investment features a 7.61% cap rate and a pro-forma cap rate of 10.30%, reflecting the potential for increased profitability. Located at 927 S Rock Rd, Wichita, KS 67207, this single-story, 1980-built center sits on a 0.81-acre lot and benefits from high visibility on a busy thoroughfare with over 31,527 vehicles passing daily. Its strategic location between major roadways and its proximity to a large population base (over 170,000 residents within a 5-mile radius with an average household income of $75,000) ensures consistent customer traffic and tenant synergy. The property's daily needs and e-commerce tenant mix makes it an attractive 1031 exchange option. The asking price is $1,300,000 ($145.58/sq ft), and the property's NOI is $98,868. The property may also include a seasoned property manager. This is a rare opportunity to acquire a well-positioned, high-performing retail asset with substantial growth potential.