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4900 & 4930 E. Lincoln
Wichita, KS 67218

EAST LINCOLN RETAIL CENTER · Retail Property For Sale

Investment Highlights

  • Fully leased retail center available for purchase.
  • 4930 E Lincoln renovated in 2023 with new roof, AC,overhead doors and plumbing.

Executive Summary

Fully leased retail center available for purchase.
4930 E. Lincoln renovated in 2023 with new roof, AC, overhead doors and plumbing.
Financials available upon request, current NOI is $77,232.
Offering at 8.6% CAP rate.
Seller financing available with 12% down payment.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,670 SF
Year Built
1970
Price
$1,279,800 CAD
Price Per SF
$148 CAD
Cap Rate
8.58%
NOI
$109,824 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.13 AC
Zoning
LC - Limited Commercial
Parking
25 Spaces (2.88 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Signalized Intersection
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
127-25-0-23-02-019.00
Land Assessment
$25,347 CAD
Improvements Assessment
$41,700 CAD
Total Assessment
$67,047 CAD
  • Listing ID: 29821642

  • Date on Market: 2023-10-18

  • Last Updated:

  • Address: 4900 & 4930 E. Lincoln, Wichita, KS 67218

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