4339 Broadway StWichita, KS 67216

This exceptional value-add opportunity presents a 13,039 square foot shopping center situated on a 2.88-acre lot in South Wichita, Kansas. Priced at $650,000, this multi-tenant property offers significant upside potential. Currently boasting 55% occupancy across eight units, the center includes a desirable end-cap space with a drive-thru. Built in 1950, the single-building property is zoned for general commercial use and features a modified gross lease structure. The asking price equates to $49.85 per square foot. The property's location at 4339 S Broadway, Wichita, KS 67216, places it within a thriving commercial area. Current tenancy includes one tenant in the first year of a three-year lease with annual escalations, and another tenant on a month-to-month agreement. This presents a chance to increase occupancy and rental income, maximizing return on investment. The property's size and location make it an ideal investment for those seeking a strong foothold in the South Wichita market. Broker co-op is available.