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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

Attachments

NTB OM Olathe

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Noodles & Company
Olive Garden Italian Rstrnt
U.S. Bank
ALDI
Chase
IHOP
Bank of America
First Watch
Starbucks
Orangetheory Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DP55410000-0005
Land Assessment
$270,855
Improvements Assessment
$429,645
Total Assessment
$700,500
  • Listing ID: 29556104

  • Date on Market: 9/19/2023

  • Last Updated:

  • Address: 11815 S Blackbob Rd, Olathe, KS 66062

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