10221 W 21st, Wichita, KS, 67205
Investment Opportunity! Absolute NNN Land Lease. Newly constructed 7 Brew drive-thru coffee located at 10221 W 21st St N in Wichita, Kansas. Offered at $1,600,000(5.75% cap rate) and current NOI of $92,000.00 annually, this asset provides investors with stable cash flow backed by a 15-year land lease to be executed at closing. The lease structure includes 8% rental increases every five years, creating built-in income growth over the hold period. Situated on approximately 0.68± acres along one of Wichita’s primary commercial corridors with traffic counts exceeding 26,000 vehicles per day, the property benefits from strong visibility, excellent access, and surrounding national retail synergy including major regional shopping destinations and established traffic generators. Completed in 2026, this newly developed asset offers minimal maintenance exposure and long-term passive income potential within an established trade area. Ideal for 1031 exchange buyers, private investors, family offices, and net lease portfolios seeking new construction credit retail investments.
| Listed | $1,600,000 |
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