10616 Maple StWichita, KS 67209

Property Details for 10616 Maple St

Year built

1992

Construction

STEEL FRAME

Lot size

0.92 AC

Property size (Sq ft)

11,192 SF

Property type

Office buildings

APN

087-134-19-0-44-04-032.00

APU

87134190440403200

Description

This exceptional 3,100 square foot office space is available for lease within a larger 11,912 square foot building situated on a substantial 40,039 square foot lot in Wichita, Kansas. Located at 10616 W Maple St, 67209, this property offers a prime location with high visibility and excellent traffic counts. The building boasts a strong tenant mix, including established businesses such as American Family Insurance, Kansas Secured Title, Thera Body Massage, Coonrod & Associates, and Crown III Realty, ensuring a vibrant and stable environment. The space is categorized as traditional office space within a multi-tenant building. This presents a fantastic opportunity for businesses seeking a well-maintained, established location in a thriving commercial area. The lease is structured as a Net, Net, Net (NNN) lease with a rate of $7.25 per square foot. The property is conveniently located in Sedgwick County, Kansas, and benefits from high traffic volume, with 36,944 vehicles passing daily at the intersection of Maple and Maize Road. This presents a unique opportunity to establish a presence in a high-traffic area with strong neighboring businesses. Interested parties should inquire for further details and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $1,724,951

  6.5%

  $1,592,262

  7%

  $1,478,530

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,346,622

  Geo Method

  $1,346,622

• Alternative Use

  Use

  Valuation

  Residential

  $1,974,406

  Hospitality

  $1,808,545

  Educational

  $1,504,688

  Medical

  $1,556,437

  Retail

  $2,340,626

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6796

Longitude

-97.465

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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