2901 N Maize Rd - Fast Food FOR SALE


Wichita, KS 67205- Northwest Wichita
$3,130,000 USD
646-850-9837
2901 N Maize Rd, Wichita, KS for Sale
$3,130,000 USD
Fast Food - FOR SALE
1/6
null | 4.9% Cap Rate

2901 N Maize Rd
Wichita, KS 67205
Northwest Wichita


HIGHLIGHTS

  • New 15 Year Lease With Drive- Thru
  • Store Operated by Flynn Restaurant Group, Over 2,400 Locations and $4.2 Billion in Annual Sales
  • Estimated Traffic Volume Of 26,831 VPD
  • Located In New Market Square, A 1,000,000 Square Foot Regional Lifestyle Center
  • Major Area Retailers Include: Walmart, Target, Dillon's, Marshall's, Starbucks, Academy Sports & Outdoors, Planet Fitness, And Many More!
  • Average Household Incomes Within A 5-Mile Radius Are $85,000+

OVERVIEW

HMX Realty Advisors is pleased to present the exclusive listing for a brand-new Panera Bread located at 2901 N Maize Rd in Wichita, Kanas. The newly constructed site will consist of roughly 3,950 rentable square feet of building space on .95 -acre parcel of land. The initial annual is $153,470 and will increase throughout the term of the lease and in each option period. There are Three (3), five (5)-year tenant renewal options, extending the total possible lease term to 30 years. Wichita is the largest city in Kansas and the county seat of Sedgwick County In the 1920s and 1930s, businessmen and aeronautical engineers established aircraft manufacturing companies in Wichita, including Beechcraft, Cessna and Stearman Aircraft The city became a US aircraft production hub known as the “Air Capital of the World” Textron Aviation, Learjet, Airbus and Spirit AeroSystems continue to operate design and manufacturing facilities in Wichita, and the city remains a major center of the American aircraft industry Wichita is also home to McConnel Air Force Base and Wichita Dwight D Eisenhower National Airport, the largest airport in Kansas. As an industrial hub, Wichita is a regional center of culture, media and trade It hosts several universities, large museums, theaters, parks and entertainment venues, notably Int rust Bank Arena and Century II Performing Arts Convention Center The city’s Old Cowtown Museum maintains historical artifacts and exhibits on the city’s early history Wichita State University is the third largest post secondary institution in the state, with a total enrollment exceeding 15 000 students Healthcare is also a prominent industry sector in Wichita, employing approximately 28 000 people in the area The Kansas Spine Hospital opened in 2004 as did a critical care tower at Wesley Medical Center In July 2010 Via Christi Health, which is the largest provider of healthcare services in Kansas, opened a hospital that serves the northwest area of Wichita Museums and landmarks devoted to science, culture, and area history are also located throughout the city Several lie along the Arkansas River west of downtown ,including the Exploration Place Science and Discovery Center, the Mid America All Indian Center, the Old Cowtown Living History Museum, and the Keeper of the Plains statue and its associated display highlighting the daily lives of Plains Indians Other museums in Wichita include the Wichita Sedgwick County Historical Museum, Sedgwick County Memorial Hall and Soldiers and Sailors Monument, Museum of World Treasures and the Great Plains Transportation Museum

FOR SALE DETAILS

PRICE

$3,130,000 USD

PRICE/SF

$762 USD /SF

CAP RATE

4.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,768 SF

ZONING

Commercial

APN/PARCEL ID

133060110100101

ASK ABOUT THIS PROPERTY

Andrew GreenbergHMX Realty AdvisorsMore Info
646-850-9837

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Andrew GreenbergHMX Realty AdvisorsMore Info
646-850-9837

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.