Sherwin-Williams 3834 N Maize Rd 4,500 SF Retail Building Maize, KS 67101 $2,891,000 ($642.44/SF) 6% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant brand-new construction Sherwin-Williams property located in an affluent part of the Wichita MSA. The brand-new construction Sherwin-Williams property opened in November 2024 and features an extremely rare and landlord-friendly passive net lease whereby the tenant is directly responsible for property maintenance of items such as snow removal and landscaping. The net lease includes 10% rental increases every five years and there are approximately 10 years remaining on the lease. Sherwin-Williams is known for their extremely long-operating histories at their stores.
Maize is one of the fastest growing cities in Kansas and is in the northwest part of the Wichita MSA. The surrounding area is extremely affluent with average annual household income of $136,000+ within a mile. The Sherwin-Williams is strategically located along North Maize Road, the area’s primary thoroughfare, and within a regional retail destination that features Menards, Sam’s Club, Lowe’s, Target, Walmart Supercenter, Dillons Marketplace, Best Buy, and Academy Sports + Outdoors. The property is located in the immediate proximity to two large high schools - Maize High School (1,300 students) and Maize South High School (1,150 students).