Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

2901 N Maize Rd 3,950 SF Retail Building Wichita, KS 67205 $3,130,000 ($792.41/SF) 4.90% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Store Operated by Flynn Restaurant Group, Over 2,400 Locations and $4.2 Billion in Annual Sales
  • Located In New Market Square, A 1,000,000 Square Foot Regional Lifestyle Center
  • Average Household Incomes Within A 5-Mile Radius Are $85,000+
  • Estimated Traffic Volume Of 26,831 VPD
  • Major Area Retailers Include: Walmart, Target, Dillon's, Marshall's, Starbucks, Academy Sports & Outdoors, Planet Fitness, And Many More!

EXECUTIVE SUMMARY

HMX Realty Advisors is pleased to present the exclusive listing for a brand-new Panera Bread located at 2901 N Maize Rd in Wichita, Kanas. The newly constructed site will consist of roughly 3,950 rentable square feet of building space on .95 -acre parcel of land. The initial annual is $153,470 and will increase throughout the term of the lease and in each option period. There are Three (3), five (5)-year tenant renewal options, extending the total possible lease term to 30 years.
Wichita is the largest city in Kansas and the county seat of Sedgwick County In the 1920s and 1930s, businessmen and aeronautical engineers established aircraft manufacturing companies in Wichita, including Beechcraft, Cessna and Stearman Aircraft The city became a US aircraft production hub known as the “Air Capital of the World” Textron Aviation, Learjet, Airbus and Spirit AeroSystems continue to operate design and manufacturing facilities in Wichita, and the city remains a major center of the American aircraft industry Wichita is also home to McConnel Air Force Base and Wichita Dwight D Eisenhower National Airport, the largest airport in Kansas. As an industrial hub, Wichita is a regional center of culture, media and trade It hosts several universities, large museums, theaters, parks and entertainment venues, notably Int rust Bank Arena and Century II Performing Arts Convention Center The city’s Old Cowtown Museum maintains historical artifacts and exhibits on the city’s early history Wichita State University is the third largest post secondary institution in the state, with a total enrollment exceeding 15 000 students Healthcare is also a prominent industry sector in Wichita, employing approximately 28 000 people in the area The Kansas Spine Hospital opened in 2004 as did a critical care tower at Wesley Medical Center In July 2010 Via Christi Health, which is the largest provider of healthcare services in Kansas, opened a hospital that serves the northwest area of Wichita Museums and landmarks devoted to science, culture, and area history are also located throughout the city Several lie along the Arkansas River west of downtown ,including the Exploration Place Science and Discovery Center, the Mid America All Indian Center, the Old Cowtown Living History Museum, and the Keeper of the Plains statue and its associated display highlighting the daily lives of Plains Indians Other museums in Wichita include the Wichita Sedgwick County Historical Museum, Sedgwick County Memorial Hall and Soldiers and Sailors Monument, Museum of World Treasures and the Great Plains Transportation Museum

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,950 SF
Building Class
C
Year Built
2020
Price
$3,130,000
Price Per SF
$792.41
Cap Rate
4.90%
NOI
$153,470
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
Zoning
Commercial
Parking
54 Spaces (13.67 Spaces per 1,000 SF Leased)
Frontage
207’ on North Maize Road

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Panera Bread
  • -
  • 3,950 SF
  • $38.85
  • Triple Net
  • Oct 2039
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Panera Bread - 3,950 SF $38.85 Triple Net Oct 2039

NEARBY MAJOR RETAILERS

Orangetheory Fitness
Dutch Bros
Legacy Bank
LongHorn Steakhouse
Olive Garden
Walk-On's
Wells Fargo Bank
Bank of Montreal
Five Guys
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133060110100101
Land Assessment
$176,850
Improvements Assessment
$286,268
Total Assessment
$463,118
  • Listing ID: 36074399

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 2901 N Maize Rd, Wichita, KS 67205

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}