KS > Wichita > None Listed On Tax Record
Wichita, KS 67209,325 S Ridge Rd
Wichita, KS 67209,325 S Ridge Rd
Wichita, KS 67209,325 S Ridge Rd
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Larry Hall

Larry Hall

+1(316) 212-0817
Listed by Jake Steven • Reece Nichols South Central Kansas
$1,700,000
Est. payment /mo
0.43 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision None Listed On Tax Record

MLS Listing ID SCK646765

Year Built 2024

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Other

Source sckansas

Property Description

Investment Opportunity! ABSOLUTE NNN LAND LEASE, 7 Brew Coffee IN A PRIME LOCATION, WICHITA, KS. Discover this exceptional investment prospect in Wichita, KS, with the property located at 325 S Ridge Rd. This is a solid commercial asset anchored by a secure 15-year absolute NNN lease with 7 Brew Coffee, ensuring stability and impressive returns. With a current annual Net Operating Income (NOI) of $102,000, this investment demonstrates its financial strength. Growth is evident through an attractive 8% rent increase every 5 years, making it a great choice for investors seeking a long-term investment. Strategically positioned in a high-traffic area, the property provides outstanding visibility and accessibility. With traffic counts surpassing 45,000 vehicles daily at the intersection of Ridge Rd and Maple St, the lessee benefits from consistent foot traffic and exposure. Situated near Lowe's Home Improvement, Chick-Fil-A, and numerous other retailers, the property has a consistent flow of potential customers. This advantageous location, coupled with 7 Brew Coffee's offerings, creates a conducive environment for sustained business activity. Invest confidently in a property that combines a prime location, reputable tenant, and a secure lease structure. Whether you are an experienced investor looking to expand your portfolio or new to the commercial real estate scene, 325 S Ridge Road presents a compelling opportunity.

Location

State KS

County Sedgwick

Area 550

Zoning Limited Comm

Direction Property is on the South West corner of Ridge Road and Maple Street.

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Heat Source Other

Exterior

Garage Description Parking Lot

Utilities Available Electricity Available

View Y/N Yes

Roof Type Flat

Street Surface City Arterial

Building

Story 1

Structure Type Other

Others

Miscellaneous Other/See Remarks

Acceptable Financing Other - See Remarks

Listing Terms Other - See Remarks

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A Few Words From Past Clients

Larry worked with us to both sell our home and buy a new home. He went above and beyond throughout the entire process and helped us get into our dream home! Can’t recommend him highly enough!

Randy

My last home buying experience was easy quick and painless thanks to Larry Hall of the L+H Realty. He worked with us on our schedule and was always easy to get in contact with. He always kept us in the know and stayed on top of the seller. I would highly recommend him to anyone!

Nate

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Larry Hall

+1(316) 212-0817

Agent | SPSP00236074

Agent SPSP00236074

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