Busy Bird Learning Center

2342 S Maize Rd,
Wichita, KS 67209
Price $756,923
Cap Rate 6.50%
NOI $49,200

For More Information

Spencer O’Donnell
714-400-6267

Property Description

Investment Overview

We are pleased to present the opportunity to acquire a single-tenant, absolute NNN childcare investment in Wichita, Kansas, 100% leased to Busy Bird Learning Center, Inc. with 13.5 years of firm term remaining and zero landlord responsibilities. At $10.34 PSF, the in-place rent is well below prevailing market rates for any comparable commercial use, providing the landlord with a highly defensible income stream and significant rental upside upon any future lease event. The lease carries 2.5% annual increases through the primary term and into the 5-year renewal option, and is further secured by a personal guaranty of the principal operator.

The property is situated at the corner of S Maize Road and W Pawnee Street, immediately adjacent to Wichita Dwight D. Eisenhower National Airport – just 1 mile from the terminal – within a dense, established residential neighborhood with average household income of $_____ within 1 mile. The 1.092-acre lot provides ample parking and outdoor play space, reinforcing the tenant’s long-term operational commitment to the site. Pawnee Prairie Park, a prominent community amenity, is located just 0.5 miles away, anchoring the family-oriented character of the immediate trade area.

This offering represents a bite-size, passive NNN acquisition with contractual rent growth, personal credit support, and in-place rent structured to provide strong landlord protection under any lease continuity scenario.

Investment Highlights
  • Absolute NNN Lease – Zero Landlord Responsibilities
    • 13.5 Years of Firm Term Remaining Through December 31, 2039
    • Taxes, Insurance, CAM, Roof & Structure All Tenant Responsibility
  • Airport-Adjacent Location – 1 Mile to Wichita Dwight D. Eisenhower National Airport
    • Immediate Proximity to Wichita’s Primary Commercial Airport – 1.8M+ Passengers Annually
  • Deeply Below-Market Rent – $10.34 PSF
    • Significantly Below Prevailing Retail Rents Along the S Maize Road Corridor
    • Below-Market Rent Provides Substantial Landlord Protection Under Any Lease Continuity Scenario
  • 2.5% Annual Rent Increases
    • Contractual Escalations Through Both Primary Term & 5-Year Renewal Option
  • Generously Sized 1.092-Acre Lot
    • Exceptionally Large Land Position for an Asset at This Price Point
    • Ample Parking & Dedicated Outdoor Play Space Reinforcing Long-Term Tenant Commitment
  • Affluent Immediate Trade Area
    • Average Household Income: $141,950 Within 1 Mile
    • Median Household Income: $118,863 Within 1 Mile
  • Bite-Size NNN Investment
    • Accessible Equity Requirement with Long-Term Absolute NNN Lease Structure
  • Personal Guaranty
    • Lease Secured by Personal Guaranty of the Principal Operator

Area Demographics

Radius
Population 2025
Median HH Income
Average HH Income
1 miles
7,568
$118,863
3 miles
28,298
$102,180
5 miles
87,368
$87,403