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Development Site for Sale Development Site For Sale North Maize Road Wichita, KS 37th Street Presented By: InSite Real Estate Group Maize South Campus Maize Road Maize Real G SEstateite G Group Property Information Description The site is approximately 21 acres and is located south of the corner of North 37th Street & Maize Road. New Market Square, Wichita’s largest outdoor shopping center, is located just south of the site. New Market Square is home to such retailers as Super Wal-Mart, Super Target, Old Navy, Verizon Wireless, GNC, Starbuck’s, Coldstone Cream- ery, T-Mobile, Best Buy and many more. Location 3404 N. Maize Road, Wichita, KS 67205 Site Area Approximately 21 acres Approximately 1,100 ft. x 840 ft. Real Estate Taxes Key # - D 64289 Currently Exempt Demographics 3 mile 5 mile 10 mile Population: 30,766 70,771 239,253 Households: 10,347 26,161 93,744 Avg. HH Income: $99,299 $86,461 $63,448 Utilities Water available across the front of the site Sewer available to the South Zoning Currently Single Family Proposed rezone to Commercial Topography Level (The site has the ability to drain into an adjacent retention pond) Contact Information InSite Real Estate Group Amanda L. Stucky (316) 618-1100 [email protected] Real G SEstateite G Group Property Description The site consists of approximately 21 acres and is situated near the intersection of North 37th Street and Maize Road in Wichita, KS. This site is an excellent location for retail, restaurant, office and medical uses with the advantage of being in an established and proven trade area with such well-known neighbors as: Super Target Super Wal-Mart Dillon’s Marketplace OfficeMax On The Border Olive Garden Lowe’s Home Improvement T.G.I.Friday’s Sports Authority Petco Best Buy Old Navy Bed, Bath & Beyond Panera Bread Hallmark Gold Crown Borders Books & Music Logan’s Roadhouse McDonald’s FedEx Kinkos Wendy’s Bath & Body Works and many more ... New Market Square, Wichita’s largest outdoor shopping center, is located on North Maize Road approximately 1.5 miles south of the site. New Market Square is home such retailers as Super Wal- Mart, Super Target, Old Navy, Verizon Wireless, GNC, Coldstone Creamery, Starbuck’s, T-Mobile, Buffalo Wild Wings, Radio Shack and many more. Market Draw This development site is located in the heart of the path of development along north Maize Road. The north Maize Road corridor has became “the” destination location for shopping, dining and entertainment for west Wichita. Many major retailers such as Best Buy, Lowe’s Home Improvement, OfficeMax and Petco have recently added a location or relocated to the area. The closest regional mall is Towne West Square (approximately 9 miles southeast). Neighborhood Analysis The development site is located near the intersection of 37th Street and north Maize Road, within the city of Wichita, Kansas. Wichita is located in south central Kansas ap- proximately 180 miles southwest of Kansas City and 130 miles north of Oklahoma City. The Wichita trade area consists of much of south central Kansas, western Kansas, and northern Oklahoma. Wichita has a population in excess of 346,000 people and near- ly 600,000 in the MSA. Nearly 1 million people live within a 100-mile radius of Wichita. Real G SEstateite G Group Neighborhood Photos Real G SEstateite G Group Aerial Map K-96 Highway Proposed K-96 Bypass Watercress Hampton Lakes Development Development 37th Street Stone Bridge Retail Maize South Campus SITE SITE Fox Ridge Development Maize Road Maize 29th Street 21st Street Real G SEstateite G Group Plat Retention SITE Pond Real G SEstateite G Group Market Overview Wichita is the regional economic hub of south-central Kansas and northern Oklahoma. It pro- vides financial, medical and business services to more than half a million people in the Wichita MSA alone. The Wichita Metropolitan Statistical Area (MSA) includes Sedgwick, Butler, Sumner and Harvey counties. The largest city in the state, Wichita has a strong aerospace history and its workforce has the second highest concentration of manufacturing jobs and skilled labor in the United States. Sedgwick County alone contributes nearly 40% of the state’s manufacturing employment earnings. Some of the aviation manufacturers located in the Wichita area include Boeing, Cessna, Raytheon and Bombardier Wichita while hundreds of subcontractors and suppliers have found Wichita to be a strategic location for their business. Wichita is a major regional health care center with three general hospitals, a veterans hospital, three rehabilitation hospitals, and two psychiatric hospitals and numerous specialty hospitals. Much of a 3 state region is served by health care providers in Wichita. nd McConnell Air Force Base is home to the 22 Air Refueling Wing, the 931st Air Reserve Group and the Kansas Air National Guard’s 184th Refueling Wing. Wichita is home to Wichita State University, Newman University, and Friends University, offering both a strong academic community and a large entry-level labor pool for area employers. Many other large employers are also located in Wichita including: • Via Christi Regional Medical Center • Dillon’s Food Stores • Koch Industries (the second largest privately held company in the U.S.) • Wesley Medical Center • The Coleman Company • York International • Bank of America Recognized as one of the major mid-sized cities in the nation, Wichita has come a long way since its infant years as a trading post and cowtown. Today, Wichita is a dynamic community rich in culture, activity and opportunity and has won the national distinction of “All American City” three times. Real G SEstateite G Group Market Overview Cont. In the center of the United States, Wichita is conveniently situated on Interstate 35, which con- nects to nearby Interstates 70 and 40. Interstate 135, U.S. 54 and numerous highway expansion projects also serve the area. The Wichita area is served by Mid Continent Airport, with 11 airlines serving 11 major non-stop destinations. WEST WICHITA PROFILE: Perhaps the fastest growing segment of the Wichita Metropolitan Area is west Wichita. In recent years, west Wichita has developed from a frag- mented and dispersed bedroom community into a large, cosmopolitan area with a culture and identity very much its own. Sprawling residential communities, quality private and public schools, a safe environment for raising children, and modern infrastructure has at- tracted people to the area in large quantities. West Wichita is home to such large em- ployers as Cessna Aircraft, Bombardier Aerospace Lear Jet, Chance Industries (one of the largest amusement rides man- ufacturers in the world), Vulcan Mate- rials, JI Case Corporation, and Sharp- line Converting to name just a few. The convenient freeway system and access to Mid-Continent Airport make this area a very efficient place to do business. Perhaps the greatest opportunities for development in west Wichita today are in the areas of retail and professional services. Due to the rapid growth in residential development, the area is considered under served by retailers and other services. New entrants into this market have experienced strong demand for their products. In fact some national chains indicate that their west Wichita stores are considered some of their better performers overall nationally. Real G SEstateite G Group Area Map Street Atlas USA® 2008 Plus SITE Real G SEstateite G Group Data use subject to license. TN Scale 1 : 25,000 0 600 1200 1800 2400 3000 ft © 2007 DeLorme. Street Atlas USA® 2008 Plus. MN (4.7°E) m 0 200 400 600 800 1000 www.delorme.com 1" = 2,083.3 ft Data Zoom 13-0 City Map SITE Real G SEstateite G Group Demographics Site Map W 37th St N and N Maize Rd Prepared By: InSite Real Estate Group Latitude 37.7517 Wichita, KS 67205 February 13, 2009 Longitude -97.4629 Real G SEstateite G Group ©2007 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224 Page 1 of 1 Demographics Executive Summary Prepared By: InSite Real Estate Group W 37th St N and N Maize Rd W 37th St N and N Maize Rd W 37th St N and N Maize Rd Wichita, KS 67205 Wichita, KS 67205 Wichita, KS 67205 Site Type: Radius Radius: 3 mile Radius: 5 mile Radius: 10 mile 2008 Population Total Population 30,766 70,771 239,253 Male Population 49.8% 49.2% 49.8% Female Population 50.2% 50.8% 50.2% Median Age 35.1 36.8 34.8 2008 Income Median HH Income $81,140 $74,255 $53,043 Per Capita Income $33,628 $32,137 $25,082 Average HH Income $99,299 $86,461 $63,448 2008 Households Total Households 10,347 26,161 93,744 Average Household Size 2.97 2.70 2.51 1990-2000 Annual Rate 7.6% 3.8% 1.11% 2008 Housing Owner Occupied Housing Units 84.4% 74.8% 59.6% Renter Occupied Housing Units 11.0% 18.6% 30.3% Vacant Housing Units 4.6% 6.6% 10.2% Population 1990 Population 12,030 44,302 205,792 2000 Population 24,177 62,503 228,144 2008 Population 30,766 70,771 239,253 2013 Population 33,940 75,335 247,338 1990-2000 Annual Rate 7.23% 3.5% 1.04% 2000-2008 Annual Rate 2.96% 1.52% 0.58% 2008-2013 Annual Rate 1.98% 1.26% 0.67% In the identified market area, the current year population is 239,253. In 2000, the Census count in the market area was 228,144. The rate of change since 2000 was 0.58 percent annually. The five-year projection for the population in the market area is 247,338, representing a change of 0.67 percent annually from 2008 to 2013.
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