1519 Macarthur Rd Wichita, KS 67217-2739
- Distribution centers
- 203,340 SF
- 10.99 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 1519 Macarthur Rd
- Year built
- 2023
- Lot size
- 10.99 lot acres
- Property size
- 203,340 SF
- Property type
- Distribution centers
- APN
- 087-214-18-0-11-01-001.03
- APU
- 87214180110100103
Description
This exceptional Class A industrial distribution facility, built in 2023, presents a compelling investment opportunity. Located at 1519 W MacArthur Rd, Wichita, KS 67217, this single-tenant property boasts 201,096 square feet of net rentable space, fully occupied by a credit-rated tenant, AGCO, under a triple-net (NNN) lease. The lease commenced May 22, 2024, and has a remaining term of 4.4 years, with two 5-year renewal options. The property features eight loading docks, eight dock-high doors, a 32-foot ceiling height, and ample parking (101 spaces). The strategic location provides easy access to major highways I-235, I-135, and I-35. The lease includes a favorable 3% annual rent increase. This investment offers a stable, long-term income stream with a strong tenant and attractive lease terms. The property is zoned for industrial use and is situated in Sedgwick County. The building is a single-story structure. This is an institutional-grade NNN investment opportunity with a high occupancy rate (100%). The property's modern features and prime location make it an ideal addition to any portfolio.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3561
- Latitude
- 37.621
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
