6801 Kellogg Dr Wichita, KS 67207
- Strip malls
- 21,864 SF
- 1.45 lot acres
Current Use by Public Records
- East Kellogg flea market / Market
Property Details for 6801 Kellogg Dr
- Year built
- 1973
- Lot size
- 1.45 lot acres
- Property size
- 21,864 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 087-119-30-0-22-01-001.00
- APU
- 87119300220100100
Description
This exceptional 25,400 square foot retail center, situated on a 1.45-acre lot in Wichita, Kansas, presents a compelling investment opportunity. Boasting a 100% occupancy rate and a strong net operating income (NOI) of $112,000, this Class B property offers a 9.00% cap rate. The single-story building, constructed in 1973, features a multi-tenant configuration with a gross lease structure and a remaining lease term of 3 years. The property is zoned LC and benefits from excellent visibility and accessibility due to its prime location on East Kellogg Drive (US-54), with prominent pole signage. Ample parking is provided with 100 spaces. The 2022 property taxes totaled $23,363.76. This thriving retail center is surrounded by established businesses including Towne East Mall, Rusty Eck, Longhorn Steakhouse, Bubba's 33, Scholfield Honda, Advance Audio, and Prime Time Barber Shop, ensuring a strong tenant base and consistent cash flow. Financial details are available upon request. This is a rare opportunity to acquire a fully leased, high-performing retail asset in a desirable Wichita location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2572
- Latitude
- 37.6787
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
