• 2323 N Amidon Ave, Wichita, KS 67204

For Sale

Retail

For Sale

This property is available for sale
19,867
SF
$2,400,000
Sale Price
  • Overview

    Located in the Sweebriar Shopping Center at 21st & Amidon at a proven long term stable location. Area Tenants Include: Wal-Mart Neighborhood Market, Dillon’s, Dollar Tree, Planet Fitness, McDonald’s, Pizza Hut, Taco Bell New fifteen year renewal 10% increases every five years 19,867 SF Building Recent tenant upgrade to their new prototype ALDI spent over $850,000 on expansion New roof with fifteen year warranty Free standing location Priced below replacement cost Below market rent Landlord responsible for roof and structure Year One NOI: $137,082.30 Cap Rate: 5.7% Price: $2,400,000

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Property Details

Freestanding Net Leased ALDI

Located in the Sweebriar Shopping Center at 21st & Amidon at a proven long term stable location. Area Tenants Include: Wal-Mart Neighborhood Market, Dillon’s, Dollar Tree, Planet Fitness, McDonald’s, Pizza Hut, Taco Bell New fifteen year renewal 10% increases every five years 19,867 SF Building Recent tenant upgrade to their new prototype ALDI spent over $850,000 on expansion New roof with fifteen year warranty Free standing location Priced below replacement cost Below market rent Landlord responsible for roof and structure Year One NOI: $137,082.30 Cap Rate: 5.7% Price: $2,400,000

  • Property Type
    Retail
  • Sale Price
    $2,400,000
  • Total Building Size
    19,867RSF
  • Sale Status
    Available
  • Last updated
    Aug 08, 2018
  • Property ID
    2011711

Landlord's Sales Representatives

  • jorourke@naimartens.com
     
  • Nathan Farha
    NAI Martens
     
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