Olathe Pointe Shops
11971 S Blackbob Rd, Olathe, Ks 66062, Lenexa, KS
For Sale
Retail
Free Standing
$5,308,000
Price
6.75%
Cap Rate
$358,312
NOI
Overview
Cap Rate
6.75%
NOI
$358,312
Building Size
10,329 sqft
Lot Area
2.46 acres
Description
A three tenant pad with corporate leases featuring newly signed leases from Treats Unleashed and CareNow Urgent Care, a division of HCA Healthcare. Olathe Pointe Shops is located within a top ranked shopping center in Olathe, a densely populated Kansas City submarket.
Highlights
- Corporate leases from AT&T, Treats Unleashed, and CareNow Urgent Care
- Newly signed leases from Treats Unleashed & CareNow Urgent Care
- AT&T has operated at this location since 2009 and most recently extended its lease through March 31, 2028
- Located within one of Kansas City’s top retail submarkets
- Pad site to the 340,000 SF premier Olathe Pointe Lifestyle Center
- Notable national tenants include Whole Foods (#1 most visited in Kansas), Michael’s (#1 most visited in Kansas), Old Navy (#2 most visited in Kansas), Starbucks, Natural Grocers, Ulta Beauty, Chick-fil-A, and Bank of America