Listing Summary
Prime Wichita, KS net-lease investment: Absolute NNN KFC with 45+ year operating history, $1.64M price, 5.75% cap rate, 7+ years remaining, and zero landlord duties.
Full Description
Premier Absolute NNN Investment: KFC Drive-Thru with 45+ Year Operating History | Wichita, KS
An exceptional single-tenant net-lease (STNL) retail opportunity is now available at 441 South West Street in Wichita, Kansas. Featuring an uninterrupted 45+ year operating history at this site since 1980, this freestanding Kentucky Fried Chicken (KFC) drive-thru restaurant offers passive commercial real estate investors high stability, a long-term commitment, and zero landlord management responsibilities under an Absolute Triple-Net (NNN) lease structure.
Strong Store Performance & Favorable Rent Health Ratio
Demonstrating strong store-level sales performance, CenterCheck ranks this location 11th out of 33 Kansas KFC restaurants tracked, backed by an estimated $1.37 million in calendar-year credit/debit card sales. The property’s current Net Operating Income (NOI) of $94,380 reflects an ultra-healthy rent-to-sales ratio of approximately 6.9%, underlining the long-term viability and profitability of this operational footprint.
Commercial Property & Investment Metrics
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Property Address: 441 South West Street, Wichita, KS 67213
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Offering Price: $1,640,000
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Cap Rate: 5.75%
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Net Operating Income (NOI): $94,380
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Tenant / Brand: KFC (Kentucky Fried Chicken)
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Property Type / Sub-Type: Commercial Retail / Fast Food / Drive-Thru Restaurant
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Gross Leasable Area (GLA): 2,298 Sq. Ft.
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Lot Size: 0.50 Acres (21,780 Sq. Ft.)
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Year Built / Remodeled: 1908 / 2018 (Extensive Facility Upgrade)
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Lease Structure: Absolute NNN (Zero Landlord Responsibilities)
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Lease Expiration: February 28, 2034 (7+ Years Remaining)
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Rent Escalations: 10% Increases Every 5 Years
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Renewal Options: Four (4) 5-Year Options
Strategic Infill Location & High-Traffic Industrial/Commercial Corridor
Extensively remodeled in 2018 to meet modern KFC brand standards, the 2,298-square-foot restaurant sits on a high-visibility 0.50-acre parcel with excellent ingress/egress and drive-thru stacking. The property is strategically positioned in a mature, dense trade area combining established residential communities with dense industrial and commercial hubs:
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Industrial & Business Hub Proximity: Located less than one mile from the major Wichita Business Park redevelopment project.
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Airport Employment Base: Situated just three miles from Wichita Dwight D. Eisenhower National Airport (ICT), surrounded by thousands of aerospace, manufacturing, and aviation industry employees.
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Proven Long-Term Commitment: More than four decades of continuous operation at this location highlights the site's exceptional retail strength and enduring customer loyalty.
Quick Glance
- Listing ID:
CL-Kansas-28587
- Status:
Active
- Year Build:
1908
- Building Size:
2,298 SqFt
- Lot Size:
0.50 Acr
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