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Property profile & analytics
OFF-MARKET
Drive through restaurants

1403 8th St Wellington, KS 67152-4736

2,422 SF 0.9 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0197377
Property summary
AI-generated overview

This exceptional 2,422 square foot former Taco Bell restaurant presents a unique investment opportunity in a high-traffic location. Situated on a substantial 39,204 square foot lot in Sumner County, this single-tenant property boasts a prime position next to established businesses like Dillons, Tractor Supply Co., and Napa Auto Parts, ensuring high visibility and customer flow. Built in 1998, the building is zoned Planned Urban District (PUD) and features a convenient drive-thru stack, a 11' x 6' walk-in cooler, and a 5' x 6' walk-in freezer, all ready for immediate use. Ample parking is provided with 46 total stalls, and a pole sign is available for enhanced branding. The property's 2022 real estate taxes totaled $12,359. The estimated lease rate is $10.00 (NN), translating to approximately $5.72 per square foot, with the tenant responsible for their own CAM expenses. The property's strategic location across from the Wellington Golf Club & Wellington Aquatic Center, and near other popular restaurants and businesses such as Casey's, Braum's, and Great Wall Chinese Restaurant, as well as Wellington Health & Rehab, guarantees a steady stream of potential customers. This turnkey property is ideal for a variety of restaurant concepts seeking a well-established location with significant foot and vehicle traffic.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Construction FRAME
Total area 2,422 SF
Lot 0.9 ac (39,204 SF)
APN 155-15-0-20-17-019.00-0
UPID US33-0197377
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
R U INVESTMENTS, LLC
R U INVESTMENTS, LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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