Wendy's 160 S Rock Rd

160 S Rock Rd , Wichita, Kansas, 67207 | 3,036 sq.f | $ 2,627,273

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About This Restaurant

Investment Highlights

Brand New 2023 Ground up Construction in Growing Wichita, KS Cotti Foods is One of The Largest and Most Successful Restaurant Operators in the Country w/ 234 Units and Growing Across the Street From Town East Square the Largest Retail Shopping Destination in Central Kansas 20 Year Absolute Triple Net (NNN) Ground Lease w/ No Landlord Responsibilities Cotti Foods is the 31st Ranked Restaurant Franchisee in the Nation Rare State of the Art Double DriveThru Just 8 Minutes From Wichita State University (17,548 Students)

Executive Summary

20 Year Absolute Triple Net (NNN) Ground Lease w/ No Landlord ResponsibilitiesBrand New 2023 Ground up Construction in Growing Wichita, KSCotti Foods is One of The Largest and Most Successful Restaurant Operators in the Country w/ 234 Units and GrowingCotti Foods is the 31st Ranked Restaurant Franchisee in the NationAcross the Street From Town East Square the Largest Retail Shopping Destination in Central KansasRare State of the Art Double DriveThru Just 8 Minutes From Wichita State University (17,548 Students)Attractive Rental Increases | 10% Every Five Years Including Option PeriodsLocated Just 2 Miles From Beech Factory Airport, and 10 Minutes From Downtown WichitaOn Retail Corridor with National Retailers Including: Costco, Whole Foods, Chick-fil-A, and Many More

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    3,036
  • Building Class    B
  • Year Built    2023
  • Price    2,627,273
  • Price Per SF    865
  • Cap Rate    5.50
  • NOI    144,500
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.13
  • Land Acres    0.55 AC

Amenities

  • Drive Thru

Nearby Amenities & Transportation

Retail Bubba's 33
Retail Starbucks
Retail Noodles & Company
Retail ALDI
Retail Capitol Federal Savings Bank
Retail Fuzzy's Taco Shop
Retail Olive Garden Italian Rstrnt
Retail Old Chicago Pizza
Retail BJ's Restaurant & Brewhouse
Retail Longhorn Steakhouse

Property Taxes

Parcel Number 114-20-0-32-02-011.00 Improvements Assessment $60,125
Land Assessment $30,938 Total Assessment $91,063
Date Created: 2024-07-16 04:16:14 Last Updated: 2024-07-16 04:16:14
Address: 160 S Rock Rd , Wichita, Kansas, 67207