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    OFF-MARKET
    Strip malls

    1885 Rock Rd, Wichita, KS 67207-5249

    4,814 SF 0.36 ac lot Built 1987
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US33-0247094
    Property summary
    AI-generated overview

    This exceptional commercial property at 1885 S Rock Rd, Wichita, KS 67207, presents a compelling investment opportunity. The property consists of two buildings totaling 9,614 square feet, zoned for General Commercial use. One building, at 1885 S Rock Rd, offers 4,814 square feet, with 3,000 square feet currently vacant and an additional 1,814 square feet leased to a restaurant tenant. The other building, at 1845 S Rock Rd (though the listing focuses on 1885), comprises 4,800 square feet and houses multiple restaurant tenants. The existing leases on this building generate a gross monthly income of $7,870 and expire between August 2027 and May 2028. The vacant 3,000 square foot space at 1885 S Rock Rd offers significant potential for value-add improvements and increased rental income. This property is ideally suited for investors seeking a blend of immediate income and future growth potential in a prime Wichita location. The property is available for sale or lease, presenting a flexible investment option for discerning buyers or tenants. The property's location on South Rock Road ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial uses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Construction FRAME
    Total area 4,814 SF
    Lot 0.36 ac (15,682 SF)
    APN 087-119-31-0-14-01-008.00
    UPID US33-0247094
    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
    Current use
    Occupant on record · Public records
    • Pizza Hut Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    HP VENTURES LLC
    HP VENTURES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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