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5900 E Central Ave 7,221 SF 100% Leased Office Building Wichita, KS 67208 $1,019,417 CAD ($141.17 CAD/SF) 11.45% Cap Rate
Investment Highlights
- Landmark Wichita Restaurant Tenant
- Hig Cap Rate
- Great Visibility along Main Roadway
Executive Summary
FOR SALE: 3-Tenant Commercial Property – High Cap Rate | Established Location | Motivated Seller
?? Property Highlights:
Well-Maintained 3-Tenant Commercial Building
Anchored by a Landmark Wichita Restaurant – In operation since 1960, with a loyal customer base
Additional tenants include local retail and office – Strong community ties and stable occupancy
Outstanding Visibility along major street in a well-established, high-traffic area of Northeast Wichita
Investment Highlights:
High Cap Rate – Strong cash flow with room for upside
Stable Tenant Mix – Diverse uses offer risk mitigation and reliable income
Established Restaurant Anchor – Decades of success ensure long-term stability
Motivated Seller – Don’t miss the chance to secure this income-producing asset
Location Advantages:
Situated in a well-established commercial corridor
Excellent street frontage and constant drive-by exposure
Surrounded by residential neighborhoods, local businesses, and amenities
Schedule a tour or request full financials and lease details.
Brett Gehrer (316)208-6160
bgehrer@growwithpetra.com
GrowWithPetra.com
?? Property Highlights:
Well-Maintained 3-Tenant Commercial Building
Anchored by a Landmark Wichita Restaurant – In operation since 1960, with a loyal customer base
Additional tenants include local retail and office – Strong community ties and stable occupancy
Outstanding Visibility along major street in a well-established, high-traffic area of Northeast Wichita
Investment Highlights:
High Cap Rate – Strong cash flow with room for upside
Stable Tenant Mix – Diverse uses offer risk mitigation and reliable income
Established Restaurant Anchor – Decades of success ensure long-term stability
Motivated Seller – Don’t miss the chance to secure this income-producing asset
Location Advantages:
Situated in a well-established commercial corridor
Excellent street frontage and constant drive-by exposure
Surrounded by residential neighborhoods, local businesses, and amenities
Schedule a tour or request full financials and lease details.
Brett Gehrer (316)208-6160
bgehrer@growwithpetra.com
GrowWithPetra.com
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
7,221 SF
Building Class
B
Year Built
1968
Price
$1,019,417 CAD
Price Per SF
$141.17 CAD
Cap Rate
11.45%
NOI
$116,708 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,611 SF
Building FAR
0.23
Lot Size
0.72 AC
Zoning
Limited Commercial
Parking
39 Spaces (5.4 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | 126-13-0-43-01-003.00 | Improvements Assessment | $251,692 CAD |
| Land Assessment | $39,327 CAD | Total Assessment | $291,019 CAD |
Property Taxes
Parcel Number
126-13-0-43-01-003.00
Land Assessment
$39,327 CAD
Improvements Assessment
$251,692 CAD
Total Assessment
$291,019 CAD
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5900 E Central Ave
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