1302 N BROADWAY AVE Wichita KS 67214-2829

10 YEAR ABSOLUTE NNN | KRISPY KRUNCHY | 2019 REMODEL

PRE-AUCTION OFFERS ENCOURAGED

FULL DD:

Absolute NNN 10-year lease with zero landlord responsibilities.

Long-term commitment to site with recent tenant remodel to latest Krispy Krunchy Prototype in Q4 2019.

Brand new equipment package in 2019.

High density Wichita market with over 217,000 people in a 5-mile radius.

One block from largest hospital in Wichita (4,000 employees).

Personal guaranty from seasoned multi-brand operator with four restaurants.

• Absolute NNN 10-year lease with zero landlord responsibilities.
• Long-term commitment to site with recent tenant remodel to latest Krispy Krunchy Prototype in Q4 2019.
• Brand new equipment package in 2019.
• High density Wichita market with over 217,000 people in a 5-mile radius.
• One block from largest hospital in Wichita (4,000 employees).
• Personal guaranty from seasoned multi-brand operator with four restaurants.

Building on large lot with paved parking, located in a high traffic area near Via Christi Hospital and downtown Wichita amenities.

Some kitchen equipment included, portions of the property have been renovated, has a drive through and great frontage & visibility.

• Single Tenant Absolute NNN Lease; Zero Landlord Responsibilities
• New 20 Year Lease
• Seasoned and Growing Operator (12 units) with Personal Guarantee (~$20M in Net Worth)
• Attractive 10% increases every 5 Years
• Low Rent Corner Lot with Drive-Thru
• Custom Remodel for Wing Boss with extensive exterior/interior renovations (contact broker for more details)
• Low Price Point for 20yr Absolute NNN QSR
• Busy Downtown Corridor; Over 15,000 cars per day
• Dense Infill Location; Over 212,000 People within a 5-Mile Radius
• Nearby Ascension Via Christi St Francis Medical Center; Largest Health Services Provider in Kansas

Dickey’s BBQ / Wing Boss

• Wing Boss; Over 70 locations in the United States today
• #1 Largest BBQ Restaurant Chain in the World
• #1 Fastest growing BBQ Franchisee Restaurant Chain in the World
• Over 550 locations in the United States today, with additional restaurants opening each month
• Tremendous growth in its first quarter of 2021, having opened 60 new locations across 12 states
• 2021: Dickey’s signs area development agreement to add 48 locations over the next five years

• Single Tenant Absolute NNN Lease; Zero Landlord Responsibilities
• New 20 Year Lease
• Seasoned and Growing Operator (12 units) with Personal Guarantee (~$20M in Net Worth)
• Attractive 10% increases every 5 Years
• Low Rent Corner Lot with Drive-Thru
• Custom Remodel for Wing Boss with extensive exterior/interior renovations (contact broker for more details)
• Low Price Point for 20yr Absolute NNN QSR
• Busy Downtown Corridor; Over 15,000 cars per day
• Dense Infill Location; Over 212,000 People within a 5-Mile Radius
• Nearby Ascension Via Christi St Francis Medical Center; Largest Health Services Provider in Kansas

Dickey’s BBQ / Wing Boss

• Wing Boss; Over 70 locations in the United States today
• #1 Largest BBQ Restaurant Chain in the World
• #1 Fastest growing BBQ Franchisee Restaurant Chain in the World
• Over 550 locations in the United States today, with additional restaurants opening each month
• Tremendous growth in its first quarter of 2021, having opened 60 new locations across 12 states
• 2021: Dickey’s signs area development agreement to add 48 locations over the next five years

- 2020 Taxes: $4,549.63

- Sale price includes FFE, 4 fryers, 11’ hood (all less than a year old), hot box, TVs, monitors and cash register

- Signage: Pylon, digital and marquee

- Inquire about becoming a licensee for Krispy Krunchy Chicken with over 400 locations

- Area Neighbors: Chicago Style BBQ, Popeye’s, Burger King, Saigon, Little Saigon, McDonald’s, Via Christi St. Francis Hospital and more!