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    OFF-MARKET
    Retail properties & Spaces

    8336-8340 21St St, Wichita, KS 67206

    46,547 SF Built 1997
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Year built 1997
    Total area 46,547 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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