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    8336-8340 21St St Wichita, KS 67206

    For Lease
    $14 SF/Yr

    Prime Wichita storefront, two spaces available.

    Lot size:
    46,547 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents two available spaces within the Shops at Tallgrass, a 46,547 square foot center located at 8336-8340 E 21st St N in Wichita, Kansas, zip code 67206. Built in 1997 and situated on a 4.8-acre lot, the property is zoned Limited Commercial (LC) in Sedgwick County. Each space offers approximately 1,300 square feet of versatile storefront space, ideal for a variety of retail uses. The center enjoys a high-traffic location east of Rock Road on 21st Street North, boasting a daily traffic count of 43,326 vehicles at the 21st & Rock intersection. This strategic position provides excellent visibility and accessibility. Benefit from the strong retail synergy created by neighboring large retail establishments including Dillons, Trader Joe's, Best Buy, and the Bradley Fair Development (home to Pottery Barn and Barnes & Noble). The 2023 Net Net Net (NNN) estimated expense is $8.25 per square foot. This property offers a compelling combination of location, size, and established retail presence, making it an attractive investment for discerning businesses. The multiple tenancy structure provides a vibrant and diverse retail environment.

    Property Features for 8336-8340 21St St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    46,547 SF
    Total Rate
    54304.83

    Building Details

    Year Built
    1997

    Unit(s) available at that property

    Space
    311
    Size
    1,322 SF
    Rate per SF
    $14
    Space
    800
    Size
    1,308 SF
    Rate per SF
    $14

    HighLights

    • Two 1,300 SF retail spaces available in the Shops at Tallgrass, Wichita, KS.
    • Located at 8336‑8340 E 21st St N, Wichita, KS 67206, in a 46,547 SF center on a 4.8‑acre lot.
    • High‑traffic location (43,326 VPD at 21st & Rock) with excellent visibility and accessibility.
    • Strong retail synergy with nearby Dillons, Trader Joe's, Best Buy, and Bradley Fair.
    • 2023 estimated NNN expenses: $8.25/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.240676
    Latitude
    37.7244697

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    FAQs

    What type of property is this?
    Individual retail property - Prime Wichita storefront, two spaces available.
    Where is this individual retail property located?
    The property is located at 8336-8340 21St St Wichita, KS.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Two 1,300 SF retail spaces available in the Shops at Tallgrass, Wichita, KS.; Located at 8336-8340 E 21st St N, Wichita, KS 67206, in a 46,547 SF center on a 4.8-acre lot.; High-traffic location (43,326 VPD at 21st & Rock) with excellent visibility and accessibility.
    Request Owner's contact information
    8336-8340 21St St Wichita, KS 67206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8336-8340 21St St Wichita, KS 67206
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