Retail Space
NWC N Maize Rd and W 29th St Wichita, KS 67205
Details & Description
Price: $3,410,445
    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

    O: 415-274-2709
    rsanner@cppcre.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
    • 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
    Building Size: 41,556 SF
    Lot Size: 1.500 AC
    Land Size: 65,340 SF
    Building $/SF: $82.07
    Land $/SF: $52.20
    Price
    $3,410,445
    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

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Wichita History of Retail Space for Sale

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    Wichita Area Market Trends

    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

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for NWC N Maize Rd and W 29th St in Wichita?
    The asking price for NWC N Maize Rd and W 29th St is $3,410,445
    What is the building size of this Retail property in Wichita, KS?
    The size of the building/unit at NWC N Maize Rd and W 29th St in Wichita is 41,556 square feet
    How much land does the Wichita, KS property at NWC N Maize Rd and W 29th St include?
    NWC N Maize Rd and W 29th St in Wichita includes 1.500 acres of land
    What kind of Retail is the propery at NWC N Maize Rd and W 29th St?
    The property at NWC N Maize Rd and W 29th St Wichita, KS 67205 is listed as a Food Service Retail property
    What is the population within 1 mile of NWC N Maize Rd and W 29th St in Wichita?
    The population within 1 mile of NWC N Maize Rd and W 29th St Wichita, KS 67205 is 7,547 people.
    Who do I contact for questions about NWC N Maize Rd and W 29th St?
    You should contact the listing agent, Rick Sanner , for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Wichita Eisenhower National Airport (ICT) 6
    Tulsa International Airport (TUL) 137
    Will Rogers World Airport (OKC) 162