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616 S Tyler Rd
Wichita, KS 67209
Asking Price
$675K
Cap Rate
7.11%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Retail | 7.11% CAP | 1,260 SqFt <ul><li>Purchase Price: $675,000 </li><li>NOI: $48,000/Year </li><li>Cap Rate: 7.11%</li><li>Tenant - Local QSR Operator with over 15 years experience</li><li>Lease Start - March 1, 2026 Expiration - February 28, 2029 </li><li>Monthly Rent - $4,000/Month </li><li>Option - 3-yr @ $4,400/Month </li><li>Structure - Triple Net (NNN)</li></ul>
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NOI
$80,000
Cap Rate
11.85%
DSCR
2.00
Strong
Cash-on-Cash
19.72%
Monthly Payment
$3,339.532
Annual Cash Flow
$39,925.62
