3553 Rock Rd Wichita, KS 67226-1320
This exceptional investment opportunity presents a 3,653-square-foot Fazoli's restaurant located at 3553 N Rock Rd, Wichita, KS 67226. The property is a single-tenant, absolute NNN net lease with a highly desirable 6.25% cap rate, generating a net operating income (NOI) of $82,500. The lease with the established Fazoli's brand extends to June 21, 2036, featuring 10% rent bumps every five years, ensuring consistent income growth. The building, a single-story structure, benefits from its strategic location on a busy thoroughfare, near major national retailers such as Sam's Club and Kohl's, within a densely populated area (43,000 within 3 miles, 98,000 within 5 miles). This prime location sees over 15,000 daily visitors, providing significant visibility and foot traffic. The asking price is $1,320,000, representing a compelling return on investment in a thriving Wichita market. This is a rare opportunity to acquire a stable, high-performing asset with a long-term lease and a proven tenant. The property's strong fundamentals, coupled with the established brand recognition of Fazoli's, make this an attractive investment for discerning buyers seeking secure, passive income.
-
Fazoli's 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.