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Sherwin-Williams 114 E 6th St 4,356 SF 100% Leased Retail Building Concordia, KS 66901 $249,000 ($57.16/SF) 8% Cap Rate

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Investment Highlights

  • In-place income with no lease-up risk
  • Potential long-term upside through rent growth or repositioning
  • Attractive entry price for retail investors

Executive Summary

This income-producing retail property is fully rented and offers stable cash flow from day one. Located in downtown Concordia, the building benefits from strong visibility and accessibility within the city’s commercial core.
With a long-term tenant already in place, this asset is ideal for investors seeking a straightforward, low-maintenance retail investment in a stable Kansas market. The property’s price point and existing income make it suitable for both local and out-of-state buyers.
Key Advantages:
In-place income with no lease-up risk
Manageable operating costs
Attractive entry price for retail investors
Potential long-term upside through rent growth or repositioning
This is a compelling opportunity to acquire a cash-flowing retail asset at an accessible price point.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $22,800 $2.56
Other Income - -
Vacancy Loss - -
Effective Gross Income $22,800 $2.56
Taxes - -
Operating Expenses - -
Total Expenses $3,131 $0.35
Net Operating Income $19,669 $2.21

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $22,800
Annual Per SF $2.56
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $22,800
Annual Per SF $2.56
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $3,131
Annual Per SF $0.35
Net Operating Income
Annual $19,669
Annual Per SF $2.21

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,356 SF
Building Class
C
Year Built
1900
Price
$249,000
Price Per SF
$57.16
Cap Rate
8%
NOI
$19,920
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.03
Lot Size
0.05 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
CrossFit
Scooter's Coffee

Property Taxes

Property Taxes

Parcel Number
038-33-0-40-18-008.00-0
Land Assessment
$670
Improvements Assessment
$14,565
Total Assessment
$15,235
  • Listing ID: 39355508

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 114 E 6th St, Concordia, KS 66901

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