Retail Space - For Sale
NWC N Maize Rd and W 29th St Wichita, KS 67205
Details & Description
Price: $3,410,445
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 1.500
  • Building Sq Ft 41,556
  • Building Price per Sq Ft $82.07
  • Land Sq Ft 65,340
  • Land Price per Sq Ft $52.20
Located in the center of a commercial corridor, the property is surrounded by Target, Walmart, Sam’s Club, Lowe’s, Best Buy, Michaels, Ross, Marshall’s, Petco, and Bed Bath & Beyond, in addition to numerous other national retailers. One mile north of the intersection is the Wichita State University west campus.The ground lease is signed with Torchy’s Tacos, a rapidly growing “craft casual” restaurant chain with full bar that currently operates 83 locations across 7 states. After the 15-year initial term the lease features two additional 5-year renewal options with rent increases. Torchy’s Q1 2021 revenue increased from $475M in Q1 2020 to $609.2M and the chain plans to double in store count expanding to 11 new states by 2023.
Listing Agents
Rick Sanner
Capital Pacific
O: 415-274-2709
rsanner@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

NWC N Maize Rd and W 29th St

Wichita, KS 67205

Listing ID: 259593
$3,410,445
For Sale
  • Property Type Retail for Sale : Food Service
  • Lot Size Acres 1.500
  • Building Sq Ft 41,556
  • Building Price per Sq Ft $82.07
  • Land Sq Ft 65,340
  • Land Price per Sq Ft $52.20
  • NWC N Maize Rd and W 29th St Wichita, KS 67205 | for Sale | Photo 1
  • NWC N Maize Rd and W 29th St Wichita, KS 67205 | for Sale | Photo 2
  • NWC N Maize Rd and W 29th St Wichita, KS 67205 | for Sale | Photo 3
NWC N Maize Rd and W 29th St | for Sale | Thumbnail 1
NWC N Maize Rd and W 29th St | for Sale | Thumbnail 2
NWC N Maize Rd and W 29th St | for Sale | Thumbnail 3
Description

Located in the center of a commercial corridor, the property is surrounded by Target, Walmart, Sam’s Club, Lowe’s, Best Buy, Michaels, Ross, Marshall’s, Petco, and Bed Bath & Beyond, in addition to numerous other national retailers. One mile north of the intersection is the Wichita State University west campus.

The ground lease is signed with Torchy’s Tacos, a rapidly growing “craft casual” restaurant chain with full bar that currently operates 83 locations across 7 states. After the 15-year initial term the lease features two additional 5-year renewal options with rent increases. Torchy’s Q1 2021 revenue increased from $475M in Q1 2020 to $609.2M and the chain plans to double in store count expanding to 11 new states by 2023.

Attachments & Files

Listing Demographics for NWC N Maize Rd and W 29th St Wichita, KS 67205

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,54746,29094,436
Population Median Age363839
Population by Age0-9 Yrs1154 (15%)6557 (14%)12527 (13%)
10-19 Yrs1271 (16%)7054 (15%)13087 (13%)
20-29 Yrs780 (10%)4557 (9%)11758 (12%)
30-39 Yrs911 (12%)5746 (12%)11572 (12%)
40-49 Yrs1125 (14%)5880 (12%)10940 (11%)
50-59 Yrs1097 (14%)6463 (13%)12779 (13%)
60-69 Yrs681 (9%)5409 (11%)11568 (12%)
70+ Yrs529 (7%)4624 (9%)10205 (10%)
Median HH Income$102,034$87,944$70,688
Total Household Income< 24K90 (3%)1418 (8%)4946 (13%)
25-49K324 (13%)2814 (16%)7913 (21%)
50-74K401 (16%)2834 (16%)6554 (17%)
75-99K400 (16%)2566 (15%)4984 (13%)
100-199K1094 (43%)5953 (35%)10429 (28%)
200K+181 (7%)1205 (7%)1896 (5%)
Highest Education LevelNo Diploma19411353370
Diploma or GED766590314325
Some College1148720615473
Assoc. Degree51529175607
Bachelors Degree1287857015935
Higher Degree93049038472
Total Housing Units2,57217,34338,607
--Owner-Occupied2,10713,86526,246
--Renter-Occupied3832,92510,476
Owner-Occupied Values< 100K1109593241
100-199K945756613734
200-299K82736556217
300-399K19511752080
400-499K16232468
500K+15276506
Total Working Age Population5,50635,27473,745
In Work Force4,12124,47651,345
Not In Work Force1,38510,79922,400
Workforce Employed3,97923,58649,154
Workforce Unemployed1318752,155
Civlian Workforce4,11024,46151,309
Military Workforce111536
Total Households2,49016,79036,722
Family Households1,98212,51424,405
Non-Family Households5084,27512,317
Married Couple1,63510,30619,415
Other Family3472,2084,990
Married w/Child7814,3217,501
Single Male w/Child2406661,330
Single Female w/Child327091,620

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Kansas2,688,418+62,853,118+52,988,194+53,140,008
Sedgwick County452,869+10498,365+6530,232+7565,494

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
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2648 North Arkansas Avenue, Wichita, KS $700,000 4851 0.62
333 West 13th Street North, Wichita, KS $3,768,000 15120 0.5
1155 Washington South, Wichita, KS CALL 3064 0.25
2120 N Woodlawn Blvd, Wichita, KS CALL - -
5619 East Lincoln Street, Wichita, KS $299,000 1175 0.24
2304 Oliver, Wichita, KS $239,000 2689 0.75
Closest Commercial Airports
Airport Distance (mi)
Wichita Eisenhower National Airport (ICT) 6
Tulsa International Airport (TUL) 137
Will Rogers World Airport (OKC) 162
Listing Agent
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