This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Charles Schwab 13501 Nall Ave

8,686 SF Retail Building Overland Park, KS 66224 $6,682,000 ($769/SF) 5.85% Cap Rate

Investment Highlights

  • 12+ years remaining on corporate net lease with minimal landlord responsibilities
  • Lease signed by investment grade tenant (NYSE: SCHW – S&P: “A”)
  • Major national tenants in the direct trade area include REI, Apple, Target, Home Depot, Lowe’s, Bed Bath & Beyond, Sam’s Club, and Sprouts
  • 10% rental increases every 3 years (starting 2/1/2028)
  • Across the street from Prairiefire, a 60-acre development of roughly 1.5M square feet of retail, residential, office, dining, entertainment, hotel
  • Hard corner, signalized location with visibility from all directions (47,754 combined VPD)

Executive Summary

A corporate NNN Charles Schwab with over 12 years remaining in the primary term. The tenant relocated to this location after 10+ years in the market and expanded their building footprint by 28% in 2023. The subject property is also located across the street from Prairiefire, a 60-acre development of roughly 1.5M square feet of retail, residential, office, dining, entertainment, hotel, and a museum.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,686 SF
Building Class
B
Year Built/Renovated
2014/2023
Price
$6,682,000
Price Per SF
$769
Cap Rate
5.85%
NOI
$390,870
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.29 AC
Parking
40 Spaces (4.61 Spaces per 1,000 SF Leased)
Frontage
218 FT on Nall Ave

Nearby Major Retailers

Bonefish Grill
Curves
Grimaldi's Pizzeria
Starbucks
HOTWORX
CAVA
Commerce Bank
Maggiano's Little Italy
Torchy's Tacos
Corner Bakery Cafe

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HP13900000-0004
Land Assessment
$323,070
Improvements Assessment
$137,680
Total Assessment
$460,750
  • Listing ID: 34402834

  • Date on Market: 1/7/2025

  • Last Updated:

  • Address: 13501 Nall Ave, Overland Park, KS 66224

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}