3834 N Maize Rd - Freestanding FOR SALE


Maize, KS 67101
$2,891,000 USD
720-604-2220
3834 N Maize Rd, Maize, KS for Sale
$2,891,000 USD
Freestanding - FOR SALE
1/4
null | 6% Cap Rate

3834 N Maize Rd
Maize, KS 67101


HIGHLIGHTS

  • • Located within an extremely affluent part of the Wichita MSA
  • • Brand-new construction store that opened in November 2024
  • • Investment grade tenant (S&P: BBB)
  • • Long-term lease with approximately 10 years remaining
  • • Lease features 10% rental increases every five years
  • • Affluent area with average annual household income of $136,000+ within a mile

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant brand-new construction Sherwin-Williams property located in an affluent part of the Wichita MSA. The brand-new construction Sherwin-Williams property opened in November 2024 and features an extremely rare and landlord-friendly passive net lease whereby the tenant is directly responsible for property maintenance of items such as snow removal and landscaping. The net lease includes 10% rental increases every five years and there are approximately 10 years remaining on the lease. Sherwin-Williams is known for their extremely long-operating histories at their stores. Maize is one of the fastest growing cities in Kansas and is in the northwest part of the Wichita MSA. The surrounding area is extremely affluent with average annual household income of $136,000+ within a mile. The Sherwin-Williams is strategically located along North Maize Road, the area’s primary thoroughfare, and within a regional retail destination that features Menards, Sam’s Club, Lowe’s, Target, Walmart Supercenter, Dillons Marketplace, Best Buy, and Academy Sports + Outdoors. The property is located in the immediate proximity to two large high schools - Maize High School (1,300 students) and Maize South High School (1,150 students).

FOR SALE DETAILS

PRICE

$2,891,000 USD

PRICE/SF

$642 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sherwin-Williams

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

-

APN/PARCEL ID

089-29-0-33-05-002.00

ASK ABOUT THIS PROPERTY

Zach WrightThe Boulder GroupMore Info
720-604-2220

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Zach WrightThe Boulder GroupMore Info
720-604-2220

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