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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29873683
29873691

2518 W 13th St N, Wichita, KS 67203

RR
AZ SA661167000
Reisman Realty LLC
Listed by Reisman Realty LLC
$899,999
464 days on market
Updated 32 days ago

2518 W 13th St N - NNN Multitenant Light Commercial

Details
APN 087-131-12-0-44-01-005.00A
Property Type Industrial, Land (+3)
Sub Type Commercial, Shopping Center (+1)
Square Footage 10,440
Net Rentable (SqFt) 10,440
Units 6
Cap Rate 9.82%
NOI $88,419
Occupancy 65%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $86
Class C
Year Built 1957
Year Renovated 1980
Buildings 1
Stories 1
Acreage 0.630
Zoning Limited Commercial
Investment Type Value Add
Occupancy Date 02/28/2018
Ceiling Height 14
Loading Docks 2
Sale Condition For sale by owner

Multitenant Light Commercial Investment or Owner-User Opportunity with Extra Land - 55% Leased

Marketing description

10,440 SF Multitenant Light Commercial Investment or Owner-User Opportunity with Extra Land on 1.26 Acres - Majority of Suites Leased

Sale also includes 2642 W 13th St. N. and MUST BE PURCHASED with this property. These are two separate and adjacent parcels with the same ownership.

ZONING: LIMITED COMMERCIAL

DO NOT DISTURB TENANTS.

CONTACT BROKER FOR MORE INFORMATION.

RYAN REISMAN

480-694-2942

[email protected]

MIKE REISMAN

480-694-4808

[email protected]

Investment highlights

10,440 SF Multitenant Light Commercial Investment or Owner-User Opportunity with Extra Land on 1.26 Acres - 65% Leased

Sale also includes 2642 W 13th St. N. and MUST BE PURCHASED with this property. These are two separate and adjacent parcels with the same ownership.

ZONING: LIMITED COMMERCIAL

DO NOT DISTURB TENANTS.

CONTACT BROKER FOR MORE INFORMATION.

RYAN REISMAN

480-694-2942

ryan@reismanrealty.co

Listing Contacts

RR
AZ SA661167000
Reisman Realty LLC
Listed by Reisman Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,419.00
$7,368.25/mo

Valuation Metrics

0
DSCR
9.82%
Cap Rate
9.82%
ROI

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