Description

Value-Add Potential – •The shopping center is currently 55.15% leased, providing an opportunity for investors to boost net operating income (NOI). •Potential for new ownership to sell designated pad sites priced at $649,000 (see page 9 for details). Lot Size and Access – •Generous parking available on both levels of the center •Features nine access points for entry and exit •Includes one signal-controlled entrance on Amidon (west side) Traffic Exposure – •36,436 vehicles per day at the intersection of 21st and Amidon •Nearest highway access at I-235 and Zoo Blvd •Excellent visibility near the southeast corner of 21st and Amidon Prime Residential Market – •Dense surrounding population with 68,841 residents within a 3-mile radius •Average household income in the area is $69,137 Tenant Variety – •Mix of both local businesses and national retailers Proximity to Downtown Wichita – •Less than 5 miles from the city’s core •Over $1.7 billion invested in the past decade, with $760 million in upcoming projects •Includes the newly announced $350 million Wichita Biomedical Campus Retail Anchors at 21st & Amidon – •Home to four major grocery stores: Dillon’s, Walmart Neighborhood Market, Aldi, and El Rio Bravo