8918 21St StWichita, KS 67205

  • Strip malls
  • 10,626 SF
For Lease
$15/SF/YR View listing

Property Details for 8918 21St St

Year built
1995
Construction
FRAME
Lot size
0.94 AC
Property size (Sq ft)
10,626 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
087-133-05-0-42-04-024.00
APU
87133050420402400

Description

This exceptional 10,626 square foot retail and office property, located at 8918 W 21st St, Wichita, KS 67205, presents a compelling investment opportunity. The Sterling Place Strip Center boasts seven individual suites, with 2,075 square feet currently available for lease. Built in 1995, this Class B property sits on a sizable 40,875 square foot lot and is zoned for Limited Commercial use in Sedgwick County. The center enjoys high visibility, situated west of Tyler Rd on W 21st St, and benefits from over 50 parking stalls for customer convenience. Current tenants include a diverse mix of established businesses such as a nail salon, a restaurant, a CBD retailer, a pizza franchise, a shipping store, and a hair salon, demonstrating strong tenant occupancy and a vibrant commercial environment. The property's strategic location places it within close proximity to a variety of popular restaurants and businesses, including Regal Theaters, Bricktown Brewery, Kobe Steakhouse, Old Chicago, Pizza Hut, Freddy's, Sonic, KPOT Korean Hotpot and BBQ, Sola Salons, Uptown Cheapskate, and Kid to Kid, ensuring high foot traffic and strong potential for future growth. This is an ideal opportunity for investors seeking a well-located, established retail center with immediate income potential and significant upside.

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7235
Longitude
-97.4457
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$51,672
$102,200
$325,875
$428,075
-
$408,800
$1,303,500
$1,712,300

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