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Chicken N Pickle | Wichita, KS 1240 N Greenwich Rd 40,320 SF Retail Building Wichita, KS 67206 $8,621,000 ($213.81/SF) 7.25% Cap Rate
Investment Highlights
- Corporate NNN Lease - “Eatertainment” Pickleball Concept
- 140K Residents Within 5-Miles - Next to to K-96 (28,500 CPD)
- Part of Plazzio - 350K SF Entertainment & Hospitality Corridor
- 12.9 Years Remaining - 1.75% Annual Rental Increases
- Affluent Demos - $192K AHH Within 1-Mile
- 5 Indoor, 4 Outdoor Pickleball Courts - Full Restaurant & Bars
Executive Summary
Kansas City Chiefs quarterback Patrick Mahomes and tight end Travis Kelce became notable investors in Chicken N Pickle during a $10 million friends-and-family funding round in 2023.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
40,320 SF
Building Class
B
Year Built
2018
Price
$8,621,000
Price Per SF
$213.81
Cap Rate
7.25%
NOI
$625,023
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
3.52 AC
Zoning
LC - Commercial
Parking
102 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
372’ on North Greenwich Road
Amenities
- Signage
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicken N Pickle
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicken N Pickle | - | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,151,935 | |
| Land Assessment | $401,404 | Total Assessment | $1,553,339 |
Property Taxes
Parcel Numbers
Land Assessment
$401,404
Improvements Assessment
$1,151,935
Total Assessment
$1,553,339
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Chicken N Pickle | Wichita, KS | 1240 N Greenwich Rd
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