111 Rock Rd Wichita, KS 67207-1151
This exceptional 5,984 square foot restaurant space, situated on a 0.95-acre lot in Sedgwick County, presents a unique opportunity for a discerning restaurateur. The property boasts a fully remodeled, turn-key kitchen and dining area, perfectly suited for a variety of culinary concepts. Previously occupied as a Mongolian Grill, this second-generation space is ready for immediate occupancy. Its prime location as a mall pad site ensures high visibility and significant foot traffic, benefiting from a bustling commercial district with 25,778 vehicles per day (VPD) on Rock Road and 9,241 VPD on Douglas Avenue. The property enjoys easy access to major highways and local amenities, complemented by ample parking and cross-parking. This strategic location is further enhanced by its proximity to shopping centers, offices, and residential areas, and the presence of strong co-tenants including Dillards, Scheels, and JCPenney within the mall. The property is a single-tenant building, offering complete control and flexibility to the new operator. This is an unparalleled opportunity to establish a thriving restaurant business in a high-demand location with exceptional visibility and accessibility. The space is currently vacant and ready for immediate lease.
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bd's Mongolian Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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