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1330 N OLIVER AVE
WICHITA, KS 67208-2825
Asking Price
$886K
Cap Rate
8.1%
Asset Type
Grocery Store Retail
Class
Class B
What's Special
2+ Years Remaining | Good Store Sales <p>PROPERTY HIGHLIGHTS</p><p>• STRONG 10% CAP RATE | JUST $886,000</p><p>• STRONG PERFORMING STORE PER PLACER.AI | #2 OUT OF 10 IN 15-MILE RADIUS</p><p>• 2+ YEARS REMAINING</p><p>• JUST 1 MILE TO WICHITA STATE UNIVERSITY | 18,000+ STUDENTS</p><p>• COMBINED 30,000+ VEHICLES PER DAY AT THE INTERSECTION</p><p>• DENSE POPULATION OF 200,000+ IN 5-MILE RADIUS</p><p>• LOW BASE RENT OF JUST $10.65 PER SQUARE FOOT</p>
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NOI
$80,000
Cap Rate
9.03%
DSCR
1.52
Strong
Cash-on-Cash
10.31%
Monthly Payment
$4,383.445
Annual Cash Flow
$27,398.665
