This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2150 W 21st St
Wichita, KS 67203
Burger King · Retail Property For Sale
PROPERTY FACTS
About 2150 W 21st St , Wichita, KS 67203
Marcus & Millichap is pleased to present a Burger King restaurant located in Wichita, Kansas with eight years remaining on the original 20-year, absolute triple net lease. Burger King has been operating at this location since 1976, and signed an amended 20-year lease in 2006, showing commitment to the site. This site is operated and guaranteed by Genesh, Inc., a Kansas-Based Franchisee of Burger King Corporation (55 Restaurants in Kansas and Missouri). This drive-through location was built in 2006 with a total of 1,896 square feet gross leasable area, situated on a 0.92 acre lot as an outparcel of the Sweetbriar Shopping Center. This site is exposed to over 17,000 vehicles per day on West 21st Street, while Amidon Street sees the same number with 17,000 vehicles per day as well. Burger King operates within an extremely dense trade area with an impressive list of national retail tenants such as Arby’s, Subway, AutoZone, Little Caesar’s, Long John Silver’s, CVS, Domino’s, McDonald’s, Sutherlands, Fidelity Bank, ALDI, Starbucks, Walmart, Hardee’s, Planet Fitness, Dollar Tree, Kansas State DMV, Goodwill, Taco Bell, Dillon’s, T-Mobile, Wendy’s, as well as more local/regional stores. This dense retail corridor has limited land for redevelopment relocation and is surrounded by residential neighborhoods that include multiple multifamily developments (Pelican Point, Marina Point Apartments, Twin River Apartments, and Twin Lakes Apartments). The nearest Burger King is over 2.5 miles away. There are 65,189 people within a three-mile radius and the household income in the one-three-five-mile radiuses average close to $50,000. The site is 1.5 miles off the 135 interstate highway and is four miles West of Wichita State University (15,000 students are straight down 21st Street). This Burger King allows for the potential investor to enjoy passive, guaranteed cash flow from an investment grade tenant in a growing market.
PROPERTY TAXES
Parcel Number | 123-06-0-34-01-018.00 | Improvements Assessment | £75,988 |
Land Assessment | £23,925 | Total Assessment | £99,913 |
PROPERTY TAXES
Listing ID: 13708046
Date on Market: 06/09/2018
Last Updated:
Address: 2150 W 21st St, Wichita, KS 67203
The Retail Property at 2150 W 21st St, Wichita, KS 67203 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
Retail PROPERTIES IN NEARBY NEIGHBOURHOODS
Nearby Listings
- 2323 N Amidon Ave, Wichita KS
- 1280 N Tyler Rd, Wichita KS
- 600 W 33rd St N, Wichita KS
- 2020 N Amidon & 1701 W 21st St, Wichita KS
- 407 S Hydraulic St, Wichita KS
- 343, 351 N. Mosley & 340 414 N. Rock Island, Wichita KS
- 2310 E Lincoln St, Wichita KS
- 3703-3707 W Maple St, Wichita KS
- 3241 E Douglas Ave, Wichita KS
- 4616 E. 13th St., Wichita KS
- 500 E Central Ave, Wichita KS
- 1001 N Broadway St, Wichita KS