National Tire & Battery | 11815 S Blackbob Rd
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National Tire & Battery 11815 S Blackbob Rd
8,178 SF Retail Building Olathe, KS 66062 $4,850,000 ($593/SF) 6.16% Cap Rate
Investment Highlights
- Strong Credit Tenant with Long Term Lease (absolute net lease with 8+ years remaining and CPI Rent increase every 5 years with a 12.0% Cap).
- • Surrounded by a wide variety of national and local retailers generating strong daytime and nighttime demand including Whole Foods, Aldi, Natural Gro
- • Great Location - This area is the primary retail corridor in Olathe. With its easy access to I- 35, this corridor serves the broader Johnson County
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,178 SF
Building Class
B
Year Built
2006
Price
$4,850,000
Price Per SF
$593
Cap Rate
6.16%
NOI
$298,560
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.17
Land Acres
1.08 AC
Zoning
Commercial
Parking
42 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
157 FT on Blackbob Rd
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | DP55410000-0005 | Improvements Assessment | $429,645 |
Land Assessment | $270,855 | Total Assessment | $700,500 |
PROPERTY TAXES
Parcel Number
DP55410000-0005
Land Assessment
$270,855
Improvements Assessment
$429,645
Total Assessment
$700,500
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National Tire & Battery | 11815 S Blackbob Rd
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