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2810 S West St 89,900 SF Industrial Building Wichita, KS 67217 $7,916,924 CAD ($88.06 CAD/SF) 8% Cap Rate
Investment Highlights
- Over 50-year operational history with current tenant utilizing the facility since 1975.
- Recent $550,000 investment in new TPO roof and elastomeric coatings, warrantied for up to 20 years.
- Prime location in a major logistics corridor with easy access to Interstate 235 and Dwight D. Eisenhower National Airport.
- Long-term lease in place with more than 10.5 years remaining and 2% annual rent escalations.
- Minimal landlord responsibilities under a near-net lease, reducing operational risk.
- Expansion potential on an 11.7-acre site accommodating tenant growth and future operational needs.
Executive Summary
The offering presents a rare opportunity to acquire a fee simple interest in a fully leased industrial property serving as the long-term headquarters and production facility of Wescon Plastics. Spanning approximately 89,900 square feet on 11.7 acres, this property is strategically located in Wichita’s established logistics corridor, adjacent to Interstate 235 and minutes from Dwight D. Eisenhower National Airport. The asset has supported Wescon Plastics’ operations for more than 50 years and currently operates under a 15-year lease with over a decade of remaining term, providing a stable and predictable cash flow structure for investors.
Ownership has recently invested approximately $550,000 for significant capital improvements, including a new multi-section TPO roof with long-term warranties, ensuring operational security and reduced near-term maintenance obligations. The lease structure offers 2% annual rental increases and minimal landlord responsibilities, creating an attractive passive-investment profile. Positioned for long-term performance, the property also offers an opportunity for site expansion on ±11.7 acres of land, supporting future tenant growth. This facility is one of three mission-critical production locations in the United States for Wescon Plastics, further underscoring its strategic and operational importance. Investors will benefit from strong sponsorship, essential tenancy, and a well-maintained, high-capacity manufacturing environment in a region synonymous with industrial and aerospace innovation.
Ownership has recently invested approximately $550,000 for significant capital improvements, including a new multi-section TPO roof with long-term warranties, ensuring operational security and reduced near-term maintenance obligations. The lease structure offers 2% annual rental increases and minimal landlord responsibilities, creating an attractive passive-investment profile. Positioned for long-term performance, the property also offers an opportunity for site expansion on ±11.7 acres of land, supporting future tenant growth. This facility is one of three mission-critical production locations in the United States for Wescon Plastics, further underscoring its strategic and operational importance. Investors will benefit from strong sponsorship, essential tenancy, and a well-maintained, high-capacity manufacturing environment in a region synonymous with industrial and aerospace innovation.
Property Facts
| Price | $7,916,924 CAD | Rentable Building Area | 89,900 SF |
| Price Per SF | $88.06 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1973 |
| Cap Rate | 8% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.43/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 34’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 11.66 AC | No. Drive In / Grade-Level Doors | 3 |
| Zoning | LI | ||
| Price | $7,916,924 CAD |
| Price Per SF | $88.06 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 11.66 AC |
| Rentable Building Area | 89,900 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| Parking Ratio | 1.43/1,000 SF |
| Clear Ceiling Height | 34’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | LI |
Amenities
- Monument Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 201-01-0-31-01-002.00 | Improvements Assessment | $1,293,109 CAD |
| Land Assessment | $86,977 CAD | Total Assessment | $1,380,086 CAD |
Property Taxes
Parcel Number
201-01-0-31-01-002.00
Land Assessment
$86,977 CAD
Improvements Assessment
$1,293,109 CAD
Total Assessment
$1,380,086 CAD
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2810 S West St
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