8924 E 35TH ST N

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8924 E 35TH ST N

WICHITA, KS 67226-2001
Asking Price
$9.12M
Cap Rate
6.4%
Asset Type
Traditional Office Office
Class
Class B

What's Special

Established Flex Facility on Expansive 6.90-Acre Parcel <ul><li>​BB+ Credit | Corporate Lease with Tenant Revenues of $4.5+ Billion | 14% YoY Growth</li><li>​New 10-Year NN Lease | 2% Annual Rent Increases</li><li>​Established Flex Facility on Expansive 6.90-Acre Parcel | Relocation Site</li><li>​Strategic Northeast Wichita Location</li><li>​Strong Commercial Corridor Adjacent to Colonel James Jabara Airport</li><li>​Strong Demographics | 329,000+ Residents Within 10 Miles | $115,000+ 5-Mile AHHI</li></ul>

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NOI
$80,000
Cap Rate
0.88%
DSCR
0.15
Underwater
Cash-on-Cash
-16.87%
Monthly Payment
$45,124.029
Annual Cash Flow
$-461,488.354

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