S Parker Gas Station

Highlights:

• High-traffic BP gas station for sale at a signalized hard corner in Olathe’s core retail corridor, offering strong visibility and brand exposure
• Eight modern fuel dispensers beneath a 5,200 SF steel canopy with updated infrastructure and a strong national fuel brand presence
• 969 SF convenience store with existing operations — ideal for investors seeking immediate cash flow or owner-operators looking for value-add retail potential
• Zoned C-3 on a nearly 0.43-acre lot (18,869 SF) with direct access, paved road frontage, and ample off-street parking
• Prime pad site surrounded by national retailers (e.g., Hy-Vee, Walmart, Walgreens) and high-density residential—ideal for QSR, coffee, or small-format retail
• Existing BP fuel contract in place—seamless transition for continued operations or rebranding
• Offered at $2.2 million, with excellent redevelopment potential in a fast-growing suburban Johnson County location
• Fully improved site with public utilities, upgraded paving, site lighting, and other infrastructure in place
• Strong opportunity for investors or owner-users to acquire a high-performing retail fuel asset with long-term growth upside

Description:

Owner/user or investment opportunity located at a high-visibility corner in central Olathe, Kansas. This standalone commercial Prime NNN Investment – Corner BP Gas Station with Strong Operator



Outstanding opportunity to acquire a single-tenant, absolute NNN gas station investment located at a signalized intersection in the heart of Olathe, KS. This high-visibility BP station features eight upgraded fuel pumps, a steel canopy, and a 969 SF convenience store on a 0.43-acre parcel.



The tenant, Parker BP LLC, operates under a 10-year lease through January 2033 with 2% annual rent increases and two 5-year renewal options. The lease structure is absolute NNN, with the tenant responsible for taxes, insurance, and all operating expenses—offering investors true passive income.



Located just off W Santa Fe Street, the property is surrounded by dense residential neighborhoods, national retailers, and key traffic drivers including Hy-Vee, Olathe North High School, and downtown Olathe. Strong demographics and over $2.27M in 2024 tenant sales make this an ideal 1031 exchange candidate or long-term hold.


Strategically positioned just off West Santa Fe Street, this high-visibility corner location offers seamless access to I-35, making it an ideal site for retailers, fuel operators, and investors. Situated within a thriving commercial corridor, the property is surrounded by a mix of national retailers, professional services, and densely populated residential neighborhoods.

The site sits directly in front of the newly completed ARIA Luxury Apartments, a 208-unit Class A development, creating a built-in customer base and constant foot traffic. Other neighborhood anchors include Olathe North High School, Hy-Vee, and historic downtown Olathe, all of which contribute to the area’s exceptional daytime population and retail momentum.

Just a few miles to the south, Heartland Coca-Cola is completing a 700,000 SF bottling and distribution campus at 17100 S Hedge Lane, further reinforcing Olathe’s position as a growing logistics and employment hub. Major public infrastructure investments—like the $200M Santa Fe/I-35 interchange modernization project—signal long-term growth and rising land value in this corridor.

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