Wichita, KS - Burger King
$1,471,000
2309 S Seneca St, Wichita, KS
7
Cap Rate
103,029
NOI
Details:
Description:
• Tenant, Genesh, Inc dba Burger King has just over a year remaining on their initial lease term
• Future owner-user opportunity as Burger King has only 1 year left of possible term with no plans to renew
• Lease features a franchisee guarantee from Genesh, Inc.
• The subject property is located near the signalized, hard-corner intersection of S Seneca St (19,400 VPD) and Pawnee St (17,000 VPD), which averages a combined 34,700 vehicles passing by daily
• Situated near a Walmart Neighborhood Market which helps promotes crossover consumer traffic to the site
• Located east of Interstate 235, a major north/south travelling highway which averages 63,700 VPD
• Positioned just south of US-400, a major east/west travelling highway that averages 121,500 VPD
• Situated west of Interstate 135, a major north/south travelling highway that that cuts through the heart of Wichita and averages 98,100 VPD
• Major highways greatly increase consumer flow to the area and subject property
• McConnell Air Force Base is one of Wichita’s largest employers, supporting thousands of active-duty, reserve, National Guard, and civilian personnel
Location
Gallery