1403 8th St Wellington, KS 67152-4736
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.