12111 21St StWichita, KS 67206
High-Yield NNN Investment, 100% Occupied
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- Fully leased, 13,209 SF multi-tenant retail building in Wichita, KS.
- 100% occupancy with strong NOI of $259,864 and a 7.53% cap rate.
- Asking price: $3,450,000 ($261.19/SF).
- Triple Net (NNN) leases with 2.5% annual rent increases starting October 2025.
- Located on a 1.2-acre lot in a prime Northeast Wichita location with ample parking and basement storage.
Property Details for 12111 21St St
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 13,209 SF
- Year Built/Renovated
- 2004/2023
- Buildings
- 1
- Lot Size (sq. ft)
- 52,272 SF
- Units
- 2
Location Insight
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Latitude
- 37.7225159
- Longitude
- -97.1979851
Nearby Similar for Sale
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