For Sale
$1,320,000

3553 Rock Rd Wichita, KS 67226

High-yield restaurant investment. Strong tenant, long lease.

Overview

Added:
Dec 11, 2024
Days on market:
128
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.
  • Asking price: $1,320,000.

Property Details for 3553 Rock Rd

Property type
Retail properties, Restaurants
Square Feet
3,653 SF
Buildings
1
Stories
1

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7483613
Longitude
-97.2452638
3553 Rock Rd, Wichita, Kansas

FAQs

What type of property is this?
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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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3553 Rock Rd
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