Family Dollar 600 W 33rd St N

Quantum Real Estate Advisors, Inc. (“QREA”) has been retained to exclusively offer for sale a 9,180 square-foot single-tenant retail building located at 600 West 33rd Street N, Wichita, KS. The free-standing building, which was completed in 2022, is leased to Family Dollar on a 10-year net lease that features (6) 5-year options with rental increases every option period. The building sits on approximately 0.85 acres of land and is located on the corner of Arkansas Avenue and West 33rd Street North. The property is just 8 minutes from Wichita State University, which reported an enrollment of nearly 17,000 students in 2022, and 12 minutes from Downtown Wichita.
The site possesses excellent visibility from Arkansas Avenue and West 33rd Street North, which see a combined 3,626 VPD. The property is also located just 1 mile south of Interstate-235 which sees an additional 46,463 VPD. Additionally, the site is located in a highly populated, middle-class area, with more than 140,455 residents and an average household income of $65,300 within 5 miles from the site. Surrounded by national and local retail tenants that include: Aldi, Walmart, Starbucks, Dillons, Tacos Chepe, Savute’s Italian Ristorante, and more.