Raising Cane’s I GL Olathe, KS

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+