7131-7241 W 135th St
Overland Park, KS 66223

CAPITAL PACIFIC is pleased to present the opportunity to acquire Metcalf Center, a 62,000 square foot neighborhood shopping center located in the affluent city of Overland Park, KS. 85% of the center tenants recently renewed their leases. Goodwill extended its lease by 15 years in 2017 and recently underwent a store remodel. Both Staples and Play It Again Sports recently exercised lease extension options after 10 years of operating history at this location. This property offers high visibility and tremendous vehicle traffic. The property is very well maintained and enjoys high end retail synergy, and combined traffic counts of nearly 113,000 vehicles per day. The subject property’s infill location is surrounded by retail, office parks, and residential developments, and is in close proximity to the region’s premier lifestyle and retail centers. New housing and strong demographics support the trade area. Average household income within a 3-mile radius is over $147,000 per year. The trade area features a population of over 200,000 residents and growing. Corbin Park center across the street is adding a six-story, mixed-use building with 225 apartment units, which will further drive traffic to the retail area. Overall, the Kansas City MSA features a total population of 2.1 million residents.