1519 Macarthur RdWichita, KS 67217

  • Distribution centers
  • 203,340 SF
For Sale

Property Details for 1519 Macarthur Rd

Year built
2023
Lot size
10.99 AC
Property size (Sq ft)
203,340 SF
Property type
Distribution centers
APN
087-214-18-0-11-01-001.03
APU
87214180110100103

Description

This exceptional Class A industrial distribution facility, built in 2023, presents a compelling investment opportunity. Located at 1519 W MacArthur Rd, Wichita, KS 67217, this single-tenant property boasts 201,096 square feet of net rentable space, fully occupied by a credit-rated tenant, AGCO, under a triple-net (NNN) lease. The lease commenced May 22, 2024, and has a remaining term of 4.4 years, with two 5-year renewal options. The property features eight loading docks, eight dock-high doors, a 32-foot ceiling height, and ample parking (101 spaces). The strategic location provides easy access to major highways I-235, I-135, and I-35. The lease includes a favorable 3% annual rent increase. This investment offers a stable, long-term income stream with a strong tenant and attractive lease terms. The property is zoned for industrial use and is situated in Sedgwick County. The building is a single-story structure. This is an institutional-grade NNN investment opportunity with a high occupancy rate (100%). The property's modern features and prime location make it an ideal addition to any portfolio.

1519 Macarthur Rd, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.621
Longitude
-97.3561
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
$3,335
$167,850
$171,110
$338,960
-
$671,400
$13,688,600
$14,360,000

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