Your email has been sent.
Sherwin-Williams 114 E 6th St 4,356 SF 100% Leased Retail Building Concordia, KS 66901 $249,000 ($57.16/SF) 8% Cap Rate
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
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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
Founded in 1866 by Henry Sherwin and Edward Williams in Cleveland, Sherwin-Williams grew from a paint business into a global company focused on paints, coatings, stains, and related products. The company serves professional, industrial, commercial, and consumer customers through manufacturing, distribution, and retail channels. Its portfolio includes architectural paints, protective and marine coatings, automotive finishes, and wood finishing products. Sherwin-Williams markets products under brands such as Valspar, Krylon, Minwax, Cabot, Dutch Boy, and HGTV HOME by Sherwin-Williams, reflecting a broad presence across multiple coatings and home-improvement verticals.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 038-33-0-40-18-008.00-0 | Improvements Assessment | $14,565 |
| Land Assessment | $670 | Total Assessment | $15,235 |
Property Taxes
Presented by
Sherwin-Williams | 114 E 6th St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.