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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.

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)
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

Anytime Fitness
Fuzzy's Taco Shop
Starbucks
Commerce Bank
Scooter's Coffee
Bank of Montreal
ALDI
Caribou Coffee
Hy-Vee
Lenny's Franchisor, LLC Support Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NP09820000-0003
Land Assessment
$71,675
Improvements Assessment
$52,325
Total Assessment
$124,000
  • Listing ID: 32655870

  • Date on Market: 8/1/2024

  • Last Updated:

  • Address: 8937 W 95th St, Overland Park, KS 66212

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