Santa Fe Grocers to Operate Former Merc Store
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Description
The Unified Government approved a letter of intent for Santa Fe Grocers to manage the former Merc grocery at 501 Minnesota Avenue under a three-year agreement, with $572,000 in store upgrades and a $150,000 local contribution. After a one-year stabilization period, the grocer will pay a $5,000 monthly occupancy fee with escalation and may later purchase the store at fair market value.
Contract Details
Contract Amount
$572,000 in store improvements by Santa Fe Grocers; $150,000 Unified Government contribution; $5,000/month occupancy fee after one-year stabilization with 3% annual increases on renewals
Vendor
SANTA FE GROCERS
Agency
Wyandotte County, KS
Contract Type
FOOD_SERVICES
Document Date
June 1, 2026
Contract Term
Initial three-year management agreement with renewal options and purchase option at fair market value
Renewal Info
Three-year management agreement with renewal terms that include 3% annual occupancy fee increases; includes a purchase option at fair market value with rent credit.
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