316-262-6400MONDAY-FRIDAY
J.P. Weigand Auction Inc. Commercial Division
Income Producing Retail Strip Center
Lot Number:1
Completed
Start Time:4/7/2023 5:00:00 AM
End Time:5/9/2023 8:00:00 PM
Bid Count:21
Current High Bidder:5****2
Starting Ask:$250,000.00
Bid Increment:$10,000.00
Current Bid:$610,000.00
Bidding complete
Reserve not met
Watching:3

A 10% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

WEIGAND ONLINE AUCTION -

2020 South Rock Road 

Wichita, KS

TOTAL SITE SIZE: 37,026 SF    |     TOTAL BUILDING SIZE: 9,620 SF

Online Only | Bidding Ends Tuesday, May 9th @ 2 PM CT

Excellent visibility from Rock Road, making it a prime investment opportunity
Conveniently located between Derby and South Wichita, with close proximity to McConnell Air Force Base
The building is at 100% occupancy with established tenants, demonstrating its desirability and financial potential
The site offers ample door side parking for added convenience

Additional financial and lease information available upon execution of Confidentiality Agreement

No donations for this lot

TERMS & CONDITIONS

AUCTION PROCEDURE: Auction is subject to Seller’s confirmation. Online bidding is by approval only. Bidders must provide a proof of funds letter from a bank to participate in online bidding. Bidding will remain open until 3 minutes have passed without receiving an acceptable bid.

BUYER’S PREMIUM: A buyer’s premium of 10% of the final bid will be added to the final bid price to determine the total purchase price.

AUCTION TERMS: The successful bidder shall be required to make a deposit in an amount equal to 10% of the total purchase price as earnest money in the form of Certified or Personal Check with proper identification within 24 hours of close of auction.  Closing will take place on or before 30 days following the day of auction.

IMPORTANT NOTICE TO ALL BIDDERS: All the information contained in this brochure was obtained from sources believed to be correct but is not guaranteed.  The property is subject to sale prior to the conclusion of the auction. This property will be sold “as is, where is” and bidders shall rely on their own information, judgment, and inspection of the property and records.  This property will be sold subject to any applicable Federal, State, and/or Local Government Regulations.

BROKER PARTICIPATION: At the completion of a successful closing, a fee of 3% of the buyer’s premium will be paid by J.P. Weigand & Sons, Inc. to the broker properly registering and representing the successful bidder.

Kansas
United States

WEIGAND ONLINE AUCTION -

2020 South Rock Road 

Wichita, KS

TOTAL SITE SIZE: 37,026 SF    |     TOTAL BUILDING SIZE: 9,620 SF

Online Only | Bidding Ends Tuesday, May 9th @ 2 PM CT

Excellent visibility from Rock Road, making it a prime investment opportunity
Conveniently located between Derby and South Wichita, with close proximity to McConnell Air Force Base
The building is at 100% occupancy with established tenants, demonstrating its desirability and financial potential
The site offers ample door side parking for added convenience

Additional financial and lease information available upon execution of Confidentiality Agreement