14310-14318 Metcalf Ave - Office FOR SALE
Overland Park, KS 66223 |
$5,215,000 USD
844-585-7682
14310-14318 Metcalf Ave
Overland Park, KS 66223
HIGHLIGHTS
- Single-Tenant Tierra Encantada in Affluent Kansas City Suburb: New long-term absolute NNN corporate lease
- Rare 3% Annual Increases During the Base Term and Each of the Two 5-Year Options; Nearly 35% Growth to the NOI During the Primary Term
- Low Price Point Due to Major Capital Invested by Tenant: $2.5 million of improvements done at the tenant’s sole cost and expense
- About the Operator - Tierra Encantada: Tierra Encantada is a steadily expanding provider of bilingual early childhood education
- Recognized as a Top New and Emerging Company, Tierra Encantada is Considered a Leader in Spanish Immersion Early Education, Operating 20 Locations
- Dense, Affluent, High-Growth Trade Area; Ideal Demographics for a Child Learning Center: AHHI’s of nearly $190,000 within a 3-mile radius
FOR SALE DETAILS
PRICE
$5,215,000 USD
PRICE/SF
$518 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Tierra Encantada | Overland Park, KS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Day Care Center, Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,075 SF
ZONING
Commercial
APN/PARCEL ID
NP19080000-0002
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844-585-7682
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844-585-7682
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