Olive Retail Building

Highlights:

• 100% leased to daycare - $1,600/mo ($19,200/yr), in place since 2021
• Freestanding 1,674 SF single-story building on 10,049 SF lot
• 12-space off-street parking lot via shared easement
• Tenant pays utilities, insurance and maintenance
• Adjacent 6523 Olive also for sale - assemblage potential

Description:

6527 Olive Blvd is a freestanding, single-story retail building in University City, offered for sale as a fully leased investment. The 1,674 SF building, constructed in 1950, sits on a generous 10,049 SF lot (approximately 0.23 acres) with roughly 75 feet of frontage on Olive Boulevard, a corridor that carries approximately 19,650 vehicles per day. Few properties in this part of University City combine this much frontage, land area, and off-street parking in a single building.

The entire building is leased to Kydz Ark Learning Center, a daycare and learning center that has operated from the premises since April 2021. The tenant currently pays $1,600 per month, or $19,200 per year, and the lease permits daycare, learning center, or general retail use, which gives a future owner flexibility if the space ever needs to be re-tenanted. The tenant is responsible for utilities, insurance on the premises, and day-to-day maintenance, which keeps the landlord's responsibilities limited. Real estate taxes for 2025 were $5,672.

Parking is a standout feature. The property is served by a 12-space parking lot shared with the neighboring building through a shared easement, and county records show approximately 7,900 SF of asphalt paving on the site. Off-street parking is a meaningful advantage for a daycare or any retail user along Olive Boulevard, where customers and parents depend on convenient drop-off and pick-up.

The property is also adjacent to 6523 Olive Blvd, a two-story mixed-use building that is being offered for sale at the same time. Together, the two parcels offer a combined land area of roughly 13,400 SF along Olive Boulevard and shared control of the parking field, creating an opportunity for an investor or owner-user to acquire an assemblage with additional frontage, parking, and long-term flexibility.

The location offers strong visibility, easy access, and a Walk Score of 87, with the property zoned 57IC in the well-established University City submarket. Whether purchased as a stable income-producing asset, an owner-user building, or as part of a larger assemblage with the adjacent property, 6527 Olive Blvd offers existing income, off-street parking, and substantial frontage at an accessible price point.

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