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Sherwin Williams 2775 N Greenwich Rd

4,500 SF Retail Building Wichita, KS 67226 £2,314,729 (£514/SF)

Investment Highlights

  • Brand-new, 10-year corporate net lease with four, 5-year options and a rent commencement date of January 14th, 2024
  • Located approximately 11-miles from downtown Wichita, KS, and 20-miles from Wichita National Airport
  • Down the street from the newly constructed Topgolf & 9-hole mini golf course; the city’s premier entertainment destination
  • 2023 build-to-suit construction
  • Located across the street from the Greenwich Place Shopping Center, which is a 106-acre development and home to REI, Total Wine, and more
  • Sherwin Williams reported revenues of $23.05B in 2023, an increase of 4.1% from the previous year

Executive Summary

A 2023 construction Sherwin Williams with a brand new, 10-year corporate lease and four, 5-year options to extend. The subject
property is located in a heavily trafficked retail node of Wichita, KS, which receives over 5.4M visits each year (Placer.ai).

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Year Built
2023
Price
£2,314,729
Price Per SF
£514
Tenancy
Single
Number of Floors
1
Building FAR
0.16
Land Acres
0.63 AC
Zoning
LI - Light Industrial
Parking
110 Spaces (24.44 Spaces per 1,000 SF Leased)
Frontage
90 ft on North Greenwich Road

Nearby Major Retailers

HOTWORX
Dutch Bros
Saltgrass Steak House
Wings And Rings
Community Bank
Starbucks
McAlister's Deli
Chili's
7 Brew Coffee
Simmons Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
112040110200201
Land Assessment
£158,140
Improvements Assessment
£285,849
Total Assessment
£443,990
  • Listing ID: 31471311

  • Date on Market: 10/04/2024

  • Last Updated:

  • Address: 2775 N Greenwich Rd, Wichita, KS 67226

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