Property Details

TITLE:
HWY 54 Class A Flex Space & Event Venue
CONTROL:
Exclusive
VALUE:
$2,500,000
LOAN:
$1,800,000
EQUITY:
$700,000
TYPE:
Retail/Commercial
HAVE:
-Digital Billboard, Double Sided $800-$1200 INCOME month -2 Acre Large Parking Lot -11 Over Head Doors 8 of them Glass -Highway Access US-54 & I-35 -Fine Dining in walking distance. -Great Street View for HWY 54 Traffic -Ample Storage Options and Basement
ADDRESS:
5025 E Kellogg Dr, Wichita, Kansas
Images: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10]
GROSS SCHEDULED INCOME:
$59,000 Projected
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$59,000
EXPENSES:
$6,000
NOI:
$53,000
DEBT SERVICE:
$2,900
CASH FLOW:
$50,100
CAP RATE:
2.12%
COUNSELOR:
Johanna Kellner-Ledesma
ERA Commercial
10300 W Central
Wichita, , 67212
Phone: 316-312-3385