For Sale
$1,000,000

1845 Rock Rd Wichita, KS 67207

High-yield, multi-tenant restaurant property.

Overview

Added:
Feb 3
Days on market:
77
This exceptional investment opportunity encompasses two adjacent properties at 1845 & 1885 S Rock Rd, Wichita, KS, totaling 9,614 square feet on a 0.72-acre lot. The property is currently generating income, presenting a strong value-add potential for the astute investor. 1845 S Rock Rd, a 4,800+ square foot building, houses two restaurant tenants under leases expiring between August 2027 and May 2028, generating a gross monthly income of $7,870. The neighboring property, 1885 S Rock Rd, offers 4,814 square feet, featuring one occupied restaurant suite (1,814+ sq ft) and a sizable vacant suite (3,000+ sq ft), ripe for lease-up or redevelopment. This dual-property offering presents a unique chance to acquire a well-located, income-producing asset with significant upside potential in a thriving Wichita market. The asking price for this combined property is $1,000,000. The existing leases provide immediate cash flow, while the vacant space and potential for lease increases offer substantial long-term growth opportunities. This is an ideal investment for those seeking a strong return on investment in a stable and desirable location.

Property Details for 1845 Rock Rd

Property type
Commercial real estate
Square Feet
9,614 SF
Year Built
1987
Lot Size (sq. ft)
31,363 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.65949
Longitude
-97.24502
1845 Rock Rd, Wichita, Kansas

FAQs

What type of property is this?
Commercial real estate - High-yield, multi-tenant restaurant property.
Where is the commercial real estate located?
The property is located at 1845 Rock Rd Wichita, KS.
What is the asking price?
The asking price for this property is $1,000,000.
How can I contact the broker?
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1845 Rock Rd
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