Industrial / Flex Property for Sale in Goddard, Kansas
A fully renovated, income-producing industrial property with stabilized triple net leases and verified expansion upside.
This industrial and flex property for sale in Goddard, KS offers a rare combination of stabilized income, modern improvements, and future expansion potential. Located just minutes from Wichita, the 4,800 square foot building is fully leased, fully HVAC’d, and transitioning to a triple net lease structure, making it an ideal investment or owner-user opportunity.
Finding small industrial assets that actually pencil is getting harder.
Most flex properties in this size range come with deferred maintenance, unclear leases, or upside that exists only on paper. Buyers are forced to choose between risk and return.
This property was rebuilt to eliminate those tradeoffs.
A Straightforward Industrial Investment, Done the Right Way
Two 2,400 SF suites (4,800 SF total)
100% leased
Fully renovated throughout
Defined transition to triple net leases
Strong tenant demand for this size and location
Large, flat, fenced yard with confirmed expansion potential
No guesswork. No hidden issues. No deferred maintenance.
At a Glance
Building Size: 4,800 SF (2 × 2,400 SF suites)
Lot Size: Approx. 0.85 acres
Occupancy: 100%
Stabilized NNN NOI (2027): ~$50,400
Lease Structure: Modified Gross through 12/31/26, Triple Net beginning 1/1/27
Lease Terms: Executed renewals through 12/31/29 with annual escalations
Clear Lease Path. No Mid-Term Changes.
Current leases operate under a modified gross structure through December 31, 2026. Tenants pay their own utilities and insurance, while ownership covers property taxes, building insurance, common area maintenance, and trash.
Renewal leases convert to full triple net effective January 1, 2027 and will be executed prior to sale, providing defined forward income and reduced operating risk.
Priced With Underwriting in Mind
The property is marketed at $695,000, reflecting its renovated condition, stabilized NNN income profile, and strong demand for small-format industrial assets in the Goddard submarket.
Conventional lenders typically underwrite stabilized industrial properties to a 1.20 DSCR, and this asset supports financing consistent with market standards.
Future Growth Is Built In
The rear yard supports additional development. A prior 8,250 SF expansion concept was reviewed by the City of Goddard and confirmed as approvable, allowing for future income growth beyond the existing 4,800 SF.
No expansion income is assumed in current pricing.
Security & Site Control
Fully fenced lot with electronic gate access, exterior lighting, and on-site security cameras. Designed for secure daily operations, equipment storage, and controlled access.
Located in Goddard, Kansas, the property serves the greater Wichita industrial market, including Derby, Andover, and Valley Center. Situated within an established industrial park designed for modern operations, the site offers full tractor-trailer access with no circulation or clearance constraints, providing a meaningful operational advantage for businesses requiring efficient logistics. This location supports light industrial, flex, and commercial users seeking functionality and reliability beyond what is typically found in older urban industrial buildings.
Let’s Chat.
This property is currently for sale by owner, and is not currently listed with a brokerage. Additional documentation, including lease abstracts and supporting materials, is available upon request.
Interested buyers may request further details or schedule a conversation directly with ownership.