www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32663025
32663026

364 N. Rock Road, Wichita, KS 67206

NC
CA 02149489
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach
$1,833,000
22 days on market
Updated 22 days ago

Dunkin'

Details
APN 087-114-20-0-22-02-007.01
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,000
Units 21
Cap Rate 6%
NOI $110,000
Tenancy Single
Brand/Tenant Dunkin'
Lease Type NNN
Lease Term 15
Lease Expiration 09/30/2034
Remaining Term 8.3
Rent Bumps Yes
Lease Options 2 (5-year) options to extend
Year Built 2019
Acreage 0.290
Zoning LC - Limited Commercial
Parking Spaces 21 spaces
Parking Per SqFt 10.50
Investment Type Net Lease
Lease Commencement 09/18/2019
Ground Lease No
Ownership Fee Simple (Land & Building Ownership)

Retail | 6.00% CAP | 2,000 SqFt

Marketing description

SRS Real Estate Partners, LLC in collaboration with Goldman Investment Advisors, Inc. is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Dunkin’ investment property located in Wichita, Kansas. The tenant, New Days, LLC., has over 8 years remaining in their initial lease term with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 5.45% increases in October 2029, as well as a 3.45% increase in option 1 and a 3.33% in option 2, increasing NOI and hedging against inflation. The lease is NNN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for an out of state investor.

The property is located along N Rock Rd, a major retail thoroughfare serving the city of Wichita which averages 26,200 vehicles passing by daily. The Dunkin’ is situated just north of U.S. Highway 54 & 400, a major east/west travelling highway averaging 80,500 VPD. Additionally, the asset is positioned just north of Eastgate Plaza, a 407,000 square foot power center anchored by T.J. Maxx, ALDI, Burlington Coat Factory, and more. Furthermore, the site situated just down the road from Towne East Square, a 1,157,000 square foot super regional mall anchored by Dillard’s, JCPenney, and more. Moreover, the Dunkin’ is located a few miles northwest of One Kellogg Place, a 528,000 square foot power center anchored by a Walmart Supercenter, Lowe’s Home Improvement, and more. The property is in the center of a primary retail corridor with other nearby national/credit tenants including Scheels, Costco Wholesale, HobbyTown, Planet Fitness, Ashley Furniture, Dollar Tree, Dollar General, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 176,100 with an average household income of $93,478.

Investment highlights

  • Over 8 Years Remaining | Personal Guaranty |Scheduled Rental Increases
  • NNN Leased | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Eastgate Plaza (407,000 SF) | Towne East Square (1,157,000 SF) |One Kellogg Place (528,000 SF) | Dense Retail Corridor
  • Strong Demographics in 5-Mile Trade Area

Listing Contacts

NC
CA 02149489
SRS Real Estate Partners Newport Beach
PL
CA 01912215, NV S.0169792 (+1)
SRS Real Estate Partners Newport Beach
Listed by SRS Real Estate Partners Newport Beach

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,000.00
$9,166.67/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Larry Goldman, CCIM
License
KS License No. BR00032675
Brokerage
Goldman Investment Advisors, Inc.
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591