For Sale
$3,255,000

2734 Woodlawn Blvd Bel Aire, KS 67226

Class A office building, 11,028 sq ft, 6.5% cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional Class A executive office building, located at 2734 N Woodlawn Blvd in Bel Aire, Kansas, presents a compelling investment opportunity. Boasting 11,028 square feet within a single-story structure situated on a 1.61-acre lot, this property offers significant potential. The building is currently zoned for general office use and features excellent visibility with frontage along Woodlawn Avenue and convenient access via a signalized intersection. Purpose-built for diagnostic and imaging applications, the highly functional layout allows for easy conversion to suit a variety of future uses. The property enjoys a prime location, benefiting from high traffic volume and strong demographics, and is conveniently situated next to the HCA Wesley Medical Center Woodlawn Campus. The asking price is $3,255,000, representing a 6.5% cap rate, projected to increase to 6.83%. The lease term runs from October 1, 2021, to September 30, 2026. Landlord responsibilities include roof and structural repairs/replacements. The occupancy date for a new tenant is October 24, 2024. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving area of Wichita, Sedgwick County, Kansas (zip code 67226).

Highlights

  • Highly functional building, ideally suited for diagnostic and imaging uses, offering adaptable floor plans for future tenants.
  • Prominent Woodlawn Avenue frontage with convenient access via a signalized intersection.
  • High-traffic location in a densely populated area with strong demographics.
  • Adjacent to HCA Wesley Medical Center Woodlawn Campus.

Property Details for 2734 Woodlawn Blvd

Property type
Office properties
Square Feet
11,028 SF
Class
A
Buildings
1
Stories
1
Lot Size (sq. ft)
70,132 SF

Location Insight

City
Bel Aire
County
Sedgwick
State
Kansas
Latitude
37.7685329
Longitude
-97.2113605
2734 Woodlawn Blvd, Bel Aire, Kansas

FAQs

What type of property is this?
Office property - Class A office building, 11,028 sq ft, 6.5% cap rate.
Where is the office property located?
The property is located at 2734 Woodlawn Blvd Bel Aire, KS.
What is the asking price?
The asking price for this property is $3,255,000.
What are key features of this property?
This property features: Highly functional building, ideally suited for diagnostic and imaging uses, offering adaptable floor plans for future tenants.; Prominent Woodlawn Avenue frontage with convenient access via a signalized intersection.; High-traffic location in a densely populated area with strong demographics.
How can I contact the broker?
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2734 Woodlawn Blvd
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