Investment Overview

The subject investment property is a Burger King situated on the hard corner at the intersection of Interstate-54 and South Andover Road. Interstate-54 boasts an average daily traffic count of approximately 31,000 vehicles and also serves as an access route directly to downtown Wichita, Kansas. There are approximately 21,000 thousand people living withing a three-mile radius of the subject property and 43,000 individuals residing within a five-mile radius. The immediate area is also very affluent with an average household income exceeding $127,000 within a three-mile radius.
The subject property benefits from being well-positioned in a highly dense retail corridor consisting of national and local tenants, shopping centers, academic institutions and, hospitality accommodations all within close proximity of this property. Major national tenants include: Goodwill, Papa Johns, Spangles, Braums, Taco Bell, Dominos, Arbys and several other quick service restaurants. Additionally, several hospitality accommodations are within immediate proximity to the subject investment property. These include: Holiday Inn, Days Inn and Andover Estates as well as numerous others. This property also benefits from being situated within a two-mile radius of several academic institutions. Butler Community College, along with four other academic institutions, is located within a two-mile radius of the property and have a combined total enrollment exceeding 15,000 students. This Burger King benefits from being situated on Interstate-54, with high visibility and ease of access, as downtown Wichita is within a 15-mile radius.