8336-8340 21St St, Wichita, KS 67206
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.