Sherwin Williams
2775 North Greenwich Road, Wichita, KS
For Sale
Retail
Free Standing
$3,000,000
Price
$164,000
NOI
4,500 sqft
Building Size
Overview
NOI
$164,000
Building Size
4,500 sqft
Lot Area
0.63 sqft
Occupancy
100%
Lease Type
Double Net
Year Built
2023
Tenancy
Single
Description
A 2023 construction Sherwin Williams with a brand new, 10-year corporate lease and four, 5-year options to extend. The subject property is located in a heavily trafficked retail node of Wichita, KS, which receives over 5.4M visits each year (Placer.ai).
Highlights
- Brand-new, 10-year corporate net lease with four, 5-year options and a rent commencement date of January 14th, 2024
- 2023 build-to-suit construction benefiting from ~34,000 VPD along Seminole Blvd (US 19)
- Located approximately 11-miles from downtown Wichita, KS, and 20-miles from Wichita National Airport
- Located across the street from the Greenwich Place Shopping Center, which is a 106-acre development and home to REI, Total Wine, Cost Plus World Market, Ross, Ulta, HomeGoods, Michaels, and many more
- Down the street from the newly constructed Topgolf & 9-hole mini golf course; the city’s premier entertainment destination with 52 climate-controlled hitting bays that provide year-round comfort
- Sherwin Williams reported revenues of $23.05B in 2023, an increase of 4.1% from the previous year