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2002 E Pawnee St 2,199 SF Retail Building Wichita, KS 67211 $726,894 CAD ($330.56 CAD/SF) 6.74% Cap Rate
Investment Highlights
- leased until 2030
- freestanding single-tenant corporate -guaranteed lease with loanmax
Executive Summary
Leased until 2030 with a 5yr option to extend until 2035
• Freestanding Single-Tenant Corporate-Guaranteed Lease with
Loan Max
• Select Management Resources LLC, the operating entity behind
Loan Star Title Loans and LoanMax as well as many others
including North American Title Loans, Atlanta Title Loans,
QuickClick Title Loans, Drive2U, Select Remarketing Groups, Cash
Loans on Car Titles operating 500 title lending locations across 20
states since 1990.
• Successfully operated at this location since 2005
• Wichita is the Largest City in Kansas
PRICE: $525,000 | CAP RATE 6.74%
TENANT IS ABSOLUTE NET LEASE
Building Size: 1,500 SF
Lot Size: 14,450 SF
Year Built: 1999
Zoning: Limited Commercial
2025 Taxes: $8,041.70
Access: Excellent Hwy access to I-135, I-235, I-35
• Freestanding Single-Tenant Corporate-Guaranteed Lease with
Loan Max
• Select Management Resources LLC, the operating entity behind
Loan Star Title Loans and LoanMax as well as many others
including North American Title Loans, Atlanta Title Loans,
QuickClick Title Loans, Drive2U, Select Remarketing Groups, Cash
Loans on Car Titles operating 500 title lending locations across 20
states since 1990.
• Successfully operated at this location since 2005
• Wichita is the Largest City in Kansas
PRICE: $525,000 | CAP RATE 6.74%
TENANT IS ABSOLUTE NET LEASE
Building Size: 1,500 SF
Lot Size: 14,450 SF
Year Built: 1999
Zoning: Limited Commercial
2025 Taxes: $8,041.70
Access: Excellent Hwy access to I-135, I-235, I-35
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,199 SF
Building Class
B
Year Built
1999
Price
$726,894 CAD
Price Per SF
$330.56 CAD
Cap Rate
6.74%
NOI
$48,993 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.33 AC
Zoning
LC
Parking
18 Spaces (8.19 Spaces per 1,000 SF Leased)
Frontage
73’ on E Pawnee St
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 128-34-0-33-06-014.00F | Improvements Assessment | $75,451 CAD |
| Land Assessment | $16,570 CAD | Total Assessment | $92,021 CAD |
Property Taxes
Parcel Number
128-34-0-33-06-014.00F
Land Assessment
$16,570 CAD
Improvements Assessment
$75,451 CAD
Total Assessment
$92,021 CAD
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2002 E Pawnee St
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