3305 Central AveWichita, KS 67203

Property Details for 3305 Central Ave

Year built

2007

Construction

FRAME

Lot size

1.29 AC

Property size (Sq ft)

8,813 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

087-136-24-0-21-02-001.00

APU

87136240210200100

Description

This exceptional 8,882 square foot retail strip center in Wichita, Kansas, presents a remarkable leasing opportunity. Located at 3305 W. Central, the property boasts a strategic location with high visibility and easy access, ensuring maximum exposure for your business. The well-maintained building features modern architecture and offers ample parking with 40 spaces available for tenants and visitors. High foot traffic guarantees strong visibility and customer interaction. The property is currently partially vacant, with 7,328 square feet available for lease. Flexible lease terms are available for spaces ranging from a minimum of 1,292 square feet to a maximum contiguous space of 6,036 square feet, allowing for customization to suit various business needs. The 1.29-acre lot provides ample space and the building is classified as Class C. This prime location, combined with the customizable interior layouts and spacious floor plans, makes this an ideal setting for retail success within a thriving local economy and strong demographic base. Don't miss this chance to establish your business in a dynamic and sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,996,688

  6.5%

  $1,843,096

  7%

  $1,711,447

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,672,158

  Geo Method

  $2,672,158

• Alternative Use

  Use

  Valuation

  Residential

  $1,554,721

  Hospitality

  $1,424,116

  Educational

  $1,184,848

  Medical

  $1,225,596

  Retail

  $1,843,096

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6944

Longitude

-97.381

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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