3900 Harry StWichita, KS 67218

Property Details for 3900 Harry St

Year built

1971

Construction

FRAME

Lot size

0.65 AC

Property size (Sq ft)

10,506 SF

Property type

Office buildings

APN

087-127-26-0-34-03-036.00

APU

87127260340303600

Description

This 10,094 square foot office building, situated on a 0.65-acre lot, presents a unique investment opportunity. Located directly in front of Ascension Via Christi St. Joseph Hospital, this property offers unparalleled convenience for both medical professionals and businesses catering to the hospital's clientele. Currently, 6,892 square feet are available for lease, providing ample space for a variety of uses. The building's traditional office layout is complemented by coworking space options, catering to diverse business needs. Tenant improvements are available, allowing for customization to suit specific requirements. The property boasts a competitive lease rate of $10.00 per square foot (NNN). The Limited Commercial zoning allows for a range of potential uses, making this a versatile and attractive option. The building was constructed in 1971 and offers a single tenancy arrangement. This prime location, combined with the flexible lease terms and available tenant improvements, makes this property an ideal choice for businesses seeking a strategic and convenient location. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,810,061

  6.5%

  $1,670,826

  7%

  $1,551,481

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,264,082

  Geo Method

  $1,264,082

• Alternative Use

  Use

  Valuation

  Residential

  $2,071,824

  Hospitality

  $1,897,780

  Educational

  $1,578,930

  Medical

  $1,633,232

  Retail

  $2,456,114

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6653

Longitude

-97.2909

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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