Retail Business for Sale in Wichita, KS

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Wichita, KS 67214

Description

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3058 Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, freestanding former Popeyes restaurant located at 1211 N. Broadway in Wichita, KS (the “Property”). Delivered vacant and free of lease encumbrances, this offering presents a compelling opportunity for an owner-user, investor, or developer to acquire a well-located, second-generation QSR asset with existing drive-thru infrastructure at an attractive basis. Constructed in 1986, the Property consists of a ±2,518-square-foot freestanding building situated on a ±0.72-acre parcel along N. Broadway, a primary north–south arterial corridor through Wichita. The site features a signalized location with strong frontage and visibility, ample on-site parking, and an existing drive-thru configuration, significantly reducing conversion costs for QSR, coffee, or fast-casual concepts. With no existing lease in place, investors are afforded full operational flexibility, including the ability to lease-up at market rents, structure a long-term NNN investment, reposition the asset for adaptive reuse, or stabilize for resale. The Property is positioned within a dense infill trade area supported by 12,763 residents within one mile, 104,459 residents within three miles, and 222,949 residents within five miles. Average household incomes reach approximately $59,948 within a five-mile radius, providing a stable and established consumer base. N. Broadway serves as a key commuter and commercial corridor connecting Downtown Wichita to northern residential neighborhoods and regional retail corridors, supporting consistent daily traffic and long-term retail viability. Wichita, widely recognized as the “Air Capital of the World,” anchors a diversified regional economy spanning aviation manufacturing, healthcare, education, government, finance, and energy. The Wichita MSA supports approx

Market Context

This retail in Wichita, KS is listed for sale. It has been on the market for 52 days. Compare it against other retail listings for sale in Wichita, KS — <a href="/search/sale/retail/kansas/wichita">view the full market</a>.

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