Chipotle & Bank of America Outlot

Description:

• PRIME LOCATION IN A DENSE RETAIL CORRIDOR
» Situated on North Rock Road, Derby’s primary commercial corridor, the property benefits from excellent visibility and access.
» Surrounded by prominent retailers such as Target, Dillons Marketplace (Kroger), Petco, Starbucks, Panera, and ALDI, the location ensures consistent local and regional traffic.

• STRONG NATIONAL TENANTS | NNN LEASES
» The property is anchored by Chipotle (NYSE: CMG, $79 Billion Market Cap) and Bank of America (S&P A-), providing reliable income with passive NNN leases.

• EXPANDING REGIONAL TRADE AREA
» Derby serves as a prominent retail hub for the Wichita Metropolitan Area, drawing shoppers from surrounding communities. The property’s location within this trade area capitalizes on its regional draw, supported by continued population and economic growth in the Wichita suburbs.

• ATTRACTIVE & AFFLUENT CUSTOMER BASE
» The surrounding area boasts household income of $101,473 with 1 Mile and 40,871 residents within 5 miles. These factors contribute to strong purchasing power and a solid foundation for tenants’ success.

• PROXIMITY TO KEY COMMUNITY AMENITIES
» The property benefits from its close proximity to schools, parks, and recreational facilities, as well as major employers in the area. This makes it a central destination for the local community, further enhancing its value as a high-traffic retail location.

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