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Property profile & analytics
FOR LEASE
Strip malls

6249 E 21St St N Wichita, KS 67208

30,488 SF 2.72 ac lot Built 1961
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US33-0478058
Property summary
AI-generated overview

This exceptional retail space, located at 6249 E 21st St N in Wichita, Kansas, presents a fantastic opportunity for a restaurant or similar business. Situated within the Crestview Center, this 2,115 square foot unit is part of a larger 33,188 square foot building on a 2.72-acre lot. The property boasts a high-traffic location at the southwest corner of 21st and Woodlawn, experiencing a daily traffic count of 40,934 vehicles. The zoning is designated as Limited Commercial (LC), making it ideal for a variety of uses. This former restaurant space benefits from its proximity to numerous established businesses, including Burger King, Pizza Hut, Felipe’s Mexican Restaurant, Spangles, Boost Mobile, Passage to India, Subway, Wendy’s, Vasa Fitness, and Jiffy Lube, ensuring high visibility and foot traffic. The property is located in Sedgwick County, Kansas, with a zip code of 67208. Another available space, a former church of 2350 square feet (Suite 119), is also available for lease within the same complex. This presents a unique opportunity to establish a thriving business in a well-established and highly visible commercial center.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1961
Construction FRAME
Total area 30,488 SF
Lot 2.72 ac (118,483 SF)
APN 087-121-12-0-11-01-002.00
UPID US33-0478058
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
$940k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.43M
Owner & transaction history
Crestview Center LLC · 13 yrs held
Crestview Center LLC
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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