For Sale
$2,930,000
2775 Greenwich Rd Wichita, KS 67226
High-yield, corporate-leased retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 128
Highlights
- Brand-new, 4,500 SF Sherwin-Williams storefront on a 0.63-acre lot, built in 2023.
- 10-year net lease with four 5-year renewal options, commencing January 14, 2024.
- High-traffic retail location, approximately 11 miles from downtown Wichita and 20 miles from Wichita National Airport.
- Excellent location across from Greenwich Place Shopping Center (REI, Total Wine, HomeGoods, etc.) and near Topgolf.
- Strong investment opportunity with a 5.60% cap rate, $164,000 NOI, and an asking price of $2,930,000 ($651.11/SF). Sherwin-Williams generated $23.05B in 2023 revenue.
Property Details for 2775 Greenwich Rd
- Property type
- Retail properties, Retail space
- Square Feet
- 4,500 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 27,443 SF
Location Insight
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Latitude
- 37.7344761
- Longitude
- -97.2086232
2775 Greenwich Rd, Wichita, Kansas
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, corporate-leased retail investment.
- Where is the retail property located?
- The property is located at 2775 Greenwich Rd Wichita, KS.
- What is the asking price?
- The asking price for this property is $2,930,000.
- What are key features of this property?
- This property features: Brand-new, 4,500 SF Sherwin-Williams storefront on a 0.63-acre lot, built in 2023.; 10-year net lease with four 5-year renewal options, commencing January 14, 2024.; High-traffic retail location, approximately 11 miles from downtown Wichita and 20 miles from Wichita National Airport.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website