This exceptional investment opportunity presents a 3,653-square-foot Fazoli's restaurant located at 3553 N Rock Rd, Wichita, KS 67226. The property is a single-tenant, absolute NNN net lease with a highly desirable 6.25% cap rate, generating a net operating income (NOI) of $82,500. The lease with the established Fazoli's brand extends to June 21, 2036, featuring 10% rent bumps every five years, ensuring consistent income growth. The building, a single-story structure, benefits from its strategic location on a busy thoroughfare, near major national retailers such as Sam's Club and Kohl's, within a densely populated area (43,000 within 3 miles, 98,000 within 5 miles). This prime location sees over 15,000 daily visitors, providing significant visibility and foot traffic. The asking price is $1,320,000, representing a compelling return on investment in a thriving Wichita market. This is a rare opportunity to acquire a stable, high-performing asset with a long-term lease and a proven tenant. The property's strong fundamentals, coupled with the established brand recognition of Fazoli's, make this an attractive investment for discerning buyers seeking secure, passive income.
Highlights
3,653 SF Fazoli's Restaurant on a NNN lease in Wichita, KS.
6.25% cap rate with $82,500 NOI.
Long-term lease extending to June 2036, including 10% rent bumps every five years.
Excellent location on Rock Rd, near Sam's Club and Kohl's, in a high-traffic area with strong demographics.
Retail property - High-yield restaurant investment. Strong tenant, long lease.
Where is the retail property located?
The property is located at 3553 Rock Rd Wichita, KS.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: 3,653 SF Fazoli's Restaurant on a NNN lease in Wichita, KS.; 6.25% cap rate with $82,500 NOI.; Long-term lease extending to June 2036, including 10% rent bumps every five years.
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Contacts
Christian Pera
Peter Block
Marc Knowles
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Rock Rd Wichita, KS 67226
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Rock Rd Wichita, KS 67226
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3553 Rock Rd
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