538 N Ohio Ave
Wichita, KS
Price:
$1331000
Cap Rate:
6.50%
NOI:
$86,477
Building Size:
Approx. 15092 Sq. Ft.
Lot Size:
Approx. 0.78 Acres
Type:
Single-Tenant / Commercial
Sub Category:
Retailer
Year Built / Renovated:
1997 / 2016
Investment Overview
- Relo-Distribution Center. 15,092+/- SF Building on .76+/- Acre Site
- New 11-Year Corporate Lease with 10% Rent Bumps Every 5-Years
- Located along North Ohio Ave, just West of Interstate 135 (92,000 VPD)
- The site is located in a dense commercial and residential area of Wichita
- Local Attractions: Kansas Aviation Museum | Great Plains Nature Center
- Wichita is the largest city in Kansas | 5-Mile Radius: 2016 Est Pop: 230,542