Jimmy John's | 8937 W 95th St
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Jimmy John's 8937 W 95th St
1,429 SF Retail Building Overland Park, KS 66212 $948,336 ($664/SF) 5.50% Cap Rate
Investment Highlights
- Proven Long Term Lease (10+ Yrs. Left plus Options) by Jimmy John’s - Signed Early Extension
- Rare Bite Size NNN Asset with National Retailer - Below Current Market Level Rents
- Low Rent to Sales Ratio with Continuous Growing Sales - Proven Operator/Personal Guarantee
- High Profile Outparcel to Cherokee South Shopping Center - Street Visibility and Signage
- Highly Affluent City - Strong Demo’s ($127,071 HHI) - Top 10 “Best Places to Live for Families”
- 10% Rent Bumps every 5 Yrs. - Ranked #90 on Top 500 Franchises (2024) - Dense Residential
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant NNN leased Jimmy John’s Sandwiches in Overland Park, KS. Jimmy John’s is a rapidly growing sandwich franchise which operates over 2,600 locations across the U.S. and was ranked #90 on Entrepreneur’s Franchise 500 (2024). The net lease has over 10 years remaining in the primary term with two 5-year option periods, 10% rent increases every 5 years, limited landlord responsibilities and an absolute and unconditional guarantee making this asset ideal for an investor seeking passive cash flows for years to come.
The 1,429 SF building with drive-thru on 0.51-acre parcel is strategically located on W 95th Street which sees 25,400 VPD and is 1.5 miles from Oak Park Mall (1.6 million SF Super Regional Mall). Nearby retailers include Walmart Neighborhood Market, The Home Depot, Lowe’s Home Improvement, Target, Hy-Vee, ALDI, Walgreens, McDonald’s, Chick-fil-A and more.
This is an excellent opportunity to purchase a long term net leased Jimmy John’s in the Kansas City MSA (population exceeding 2.2 million) with rent increases, limited landlord duties and an absolute/unconditional guarantee providing effortless income for years to come.
The 1,429 SF building with drive-thru on 0.51-acre parcel is strategically located on W 95th Street which sees 25,400 VPD and is 1.5 miles from Oak Park Mall (1.6 million SF Super Regional Mall). Nearby retailers include Walmart Neighborhood Market, The Home Depot, Lowe’s Home Improvement, Target, Hy-Vee, ALDI, Walgreens, McDonald’s, Chick-fil-A and more.
This is an excellent opportunity to purchase a long term net leased Jimmy John’s in the Kansas City MSA (population exceeding 2.2 million) with rent increases, limited landlord duties and an absolute/unconditional guarantee providing effortless income for years to come.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,429 SF
Building Class
C
Year Built
2010
Price
$948,336
Price Per SF
$664
Cap Rate
5.50%
NOI
$52,159
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
0.51 AC
Zoning
CP-2 - Fast Food Restaurant
Parking
25 Spaces (17.49 Spaces per 1,000 SF Leased)
Frontage
87 FT on 95th St
Amenities
- Pylon Sign
- Drive Thru
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | NP09820000-0003 | Improvements Assessment | $52,325 |
Land Assessment | $71,675 | Total Assessment | $124,000 |
PROPERTY TAXES
Parcel Number
NP09820000-0003
Land Assessment
$71,675
Improvements Assessment
$52,325
Total Assessment
$124,000
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Jimmy John's | 8937 W 95th St
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