Sunny Brook Center

Wichita, KS
This listing is no longer available.
This listing is currently in escrow.


Asking Price: $1,300,000

Cap Rate (In-Place): 7.61%

Cap Rate (Proforma): 10.30%

Occupancy: 100%


100% Leased, Value-Add (Low Rents) Neighborhood Shopping Center


- 100% Leased Neighborhood Retail Center

- Value-Add thru converting Low Rents to Market Rates - Low Price Per Square Foot, Strong In-Place Cashflow with Upside

- Property can come with seasoned in place Property Manager

- Situated between large retail corridors servicing the local community - Creating top tier customer draw and strong tenant synergy

- The Subject Property features daily needs and e-commerce tenants, making this an ideal/safe 1031 replacement for an investor

- Excellent street visibility with large monument sign along busy thoroughfare of S Rock Rd - Over 31,527 vehicles per day in this area

- Strategic Location - Located between US Route 400 and Kansas Turnpike

- Strong Demographics - There are over 170,000 residents living within a 5-mile radius of the Subject Property, with an Average Household Income of $75,000

- Outstanding freeway access - The Subject Property is located within a mile from the on-ramps and off-ramps

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