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Wichita, KS

Kaman Composites

1650 South McComas Street, Wichita, KS 67213
Property Type:
Single Tenant
Cap Rate:
8.79% cap
Square Feet:
132,926 sqft
Lot Size:
5.49 acres
Price Per Square Foot:
Year Built:
* By downloading the Marketing Package (Offering Memorandum) you hereby agree to the CONFIDENTIALITY AND BUYER REGISTRATION AGREEMENT.

Investment Highlights

Investment Highlights

Investment Highlights

• Plastic Fabricating Company, Inc Operated at this Facility Since 1970, They were Acquired by Kaman in 2001
• Kaman is Publicly Traded on the NYSE under the KAMN Symbol
• Their EBitda YTD Sits at $74 Million with Revenue of $805 Million
• The Lease is Guaranteed by Kaman Composites Wichita a Subsidiary of Kaman Aerosystems
• This Facility is One of Four U.S. Warehouse and Manufacturing Facilities for Kaman Aerosytems
• Wichita is known as the Aviation Capital of the U.S. with 35% of all General Aviation Planes Built There (

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1650 South McComas Street in Wichita, Kansas, leased to Kaman Composites. The subject property consists of approximately 132,926 square feet of space and is situated on 5.49 acres of land. The asset features five grade-level doors, 160 free parking spaces, and 18’-20’ clear heights. Plastic Fabricating Company, Inc. operated at the subject facility since 1970 and were acquired by Kaman in 2001. Kaman is publicly traded on the NYSE under the KAMN symbol, with their EBITDA sitting at $74 million with revenue of $805 million year to date. The lease is guaranteed by Kaman Composites Wichita, a subsidiary of Kaman Aerosystems. This facility is one of four U.S. warehouse and manufacturing facilities for Kaman Aerosytems. Wichita is known as the aviation capital of the U.S. with 35 percent of all general aviation planes built there (

The Southwest submarket contains about 12.2 million square feet of industrial space, which represents a sizable chunk of Wichita’s industrial inventory. Recent economic turmoil has made little impact on the vacancy rate (3.3 percent), which has hardly budged from this time last year. The submarket posted 220,000 square feet of positive net absorption over the past year and rents increased by 1.2 percent over the past 12 months. Industrial properties have traded with regularity in recent years, though that momentum has slowed in the past year. (CoStar)

In 1916, Clyde Cessna signed a contract to start manufacturing planes in Kansas. Since then, the greater Wichita region has pioneered aviation and manufacturing with a culture of innovation – building iconic planes, revolutionizing manufacturing with composites, and cultivating an industry synergy. The world’s great aviation brands – Textron Aviation with Beechcraft/Cessna Aircraft Company, Airbus, Bombardier Learjet and Spirit AeroSystems – working with more than 450 world-class suppliers, are designing and building the world’s fleet of commercial and general aviation aircraft. (

The City of Wichita Office of Economic Development offers a variety of incentive programs designed to broaden and diversify the tax base, encourage capital investment, create employment opportunities and provide the economic growth and welfare of the region. The Wichita City Council has adopted an economic development policy which governs the use of incentives. The policy defines the eligibility criteria, required economic impact and return on investment. Industry sectors for which incentives may be used include: Manufacturing, Service Sector, Research and Development, Warehousing and Distribution, Corporate Headquarters, Transportation, Commercial Redevelopment, Tourism, Affordable Housing, and Medical Services. (

Kansas Broker of Record
7400 College Boulevard, Suite 105,
Overland Park, KS 66210
Tel: (816) 410-1025
License: KS 00241410
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2021 Marcus & Millichap. All rights reserved. (Activity ID: ZAB0060905)