For Sale
$1,932,054

7803 Osie St Wichita, KS 67207

Prime Wichita office space, excellent investment.

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional 19,200-square-foot executive office building, situated on 0.87 acres in Wichita, Kansas's prestigious Cherry Creek Business Park, presents a compelling investment opportunity. The Class B property, built in 1982, features eight units, currently boasting 82% occupancy with four tenants. The asking price is $1,932,054, representing a $100.50 per square foot cost and a 5.24% cap rate, with a current Net Operating Income (NOI) of $101,150. The property includes 40 parking spaces and is conveniently located at 7803 E Osie St, Wichita, KS 67207, offering easy access to major highways. Individual units feature amenities such as private bathrooms, and at least one unit includes washer and dryer hookups. Some units also offer large garage doors, adding to the versatility of the space. The property's location within the thriving Cherry Creek Business Park provides excellent visibility and access to a strong business community. This vacant property is ready for immediate occupancy or lease, making it an ideal investment for both short-term and long-term growth. The gross lease structure simplifies management, and the ample parking ensures convenience for tenants and visitors. This property offers a unique blend of location, functionality, and investment potential.

Highlights

  • Excellent Harry & Rock Road visibility.
  • Ample on-site parking available.
  • All units feature private bathrooms.
  • Unit 111 includes washer/dryer hookups.
  • Select units offer large garage doors.

Property Details for 7803 Osie St

Property type
Office properties
Square Feet
19,225 SF
Class
B
Year Built
1982
Lot Size (sq. ft)
37,897 SF
Units
8

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6619973
Longitude
-97.2464765
7803 Osie St, Wichita, Kansas

FAQs

What type of property is this?
Office property - Prime Wichita office space, excellent investment.
Where is the office property located?
The property is located at 7803 Osie St Wichita, KS.
What is the asking price?
The asking price for this property is $1,932,054.
What are key features of this property?
This property features: Excellent Harry & Rock Road visibility.; Ample on-site parking available.; All units feature private bathrooms.
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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7803 Osie St
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