Oak Park Pointe | Lenexa, KS 11902-11926 W 95th St

11902-11926 W 95th St , Lenexa, Kansas, 66215 | 10,506 sq.f | $ 7,084,000

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About This Restaurant

Investment Highlights

Irreplaceable 100% Occupied Multi-Tenant Outparcel to Oak Park Commons: Shadow anchored by top performing Sam?s Club (Placer.ai) Select Comfort (Sleep Number) and Jimmy John?s renewed their leases in 2023, and Mattress Firm renewed their lease in 2024 for an additional 10 years Dense, Affluent Demographics with Huge Daytime Pop: 236,924 people with AHHIs over $108,000, & a 204,000 daytime population within a 5-mile radius Long-Standing Successful Operating History & Commitment to Location: 4 of the 5 existing tenants (89% of the GLA) are original tenants (10+ years) Best Hard Corner Signalized Intersections In Overland Park MSA | Named Wall Street Journal?s #18 ?2020 Hottest Job Market? out of 381 U.S. metro areas Lenexa/Overland Park is Part of the Kansas City MSA: 20 mins from downtown Kansas City & 30 mins from the brand-new Kansas City International Airport

Executive Summary

100% Occupied Multi-Tenant NNN Investment | I-35 Adjacent (103,000 CPD) | Affluent Overland Park Demos; $108,000+ AHHI

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Fast Food General Retail Freestanding Storefront
  • Building Size    10,506
  • Building Class    B
  • Year Built    2013
  • Price    7,084,000
  • Price Per SF    674
  • Cap Rate    7.25
  • NOI    513,590
  • Percent Leased    89
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.18
  • Land Acres    1.37 AC

Nearby Amenities & Transportation

Retail Starbucks
Retail Sarku Japan
Retail Noodles & Company
Retail Five Guys
Retail Panda Express
Retail Outback Steakhouse
Retail On The Border
Retail CAVA
Retail Cheddar's Scratch Kitchen
Retail Chase Bank

Property Taxes

Parcel Number IP62950000-0001 Improvements Assessment $343,420
Land Assessment $564,830 Total Assessment $908,250
Date Created: 2024-07-16 04:16:14 Last Updated: 2024-07-16 04:16:14
Address: 11902-11926 W 95th St , Lenexa, Kansas, 66215