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INVESTMENT HIGHLIGHTS
15-Year Absolute NNN Lease The investment is passive with no Landlord maintenance or expense responsibilities.
Attractive Rent Increases The lease includes 10% rent increases every five years, providing an increase in yield over time and a hedge against inflation.
New Construction Drive-Thru Constructed in 2022 as a build-to-suit, the Property is designed to maximize drive-thru sales and able to stack 19 cars in queue.
Premier Retail Corridor The Property neighbors NewMarket Square, the #1 ranked power center in Kansas by Placer.ai. Surrounding tenants include Hobby Lobby, Walmart, Sam's Club, Lowe's, Super Target, and other national tenants.
Continued Development Development continues around the site with the Cadillac Lake development project. Slim Chickens and Legacy Bank are currently in development on the immediate neighboring parcels with deliveries expected in 2024.
Affluent Area Northwest Wichita features the highest Median HH incomes in the MSA. The Avg. HH income is $118K within 1-mile of the Property and select neighboring communities offer homes in excess of $1 million.
Community Hub The Property is positioned less than 1-mile from the 210 acre Maize Unified School District's South complex of education and sports facilities with over 2,000 students across early childhood to high school. The new subdivision development less than one mile away at Fontana with homes starting in the mid-$450Ks complements the already established neighborhoods in the local area.
