13710 South Black Bob Road
Olathe, KS
Price:
$2,956,000
Cap Rate:
4.50%
NOI:
$2,956,000
Building Size:
Approx. 3,316 Sq. Ft.
Lot Size:
Approx. 1.174 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2020
Investment Overview
- 2020 Construction. 3,316+/- SF Building on 1.174+/- Acre Site
- New 15 Year Ground Lease w/ 10% Rent Bump every 5 Years
- Located along Dense Retail Corridor (43K VPD)
- 1.5 Miles East of Mid-America Nazarene College with over 2K Students
- Near Lowe’s, Walgreens, Hobby Lobby, Academy, Starbucks, Wendy’s
- Olathe was Ranked 11th on CNN Money’s “America’s Best Small Cities” in 2018
- Strong Income Demos w/ $116,820 within a 5-Mile Radius
- Olathe | Population: 134 Thousand+