14405 W 135th St - Freestanding FOR SALE


Olathe, KS 66062
$9,600,000 USD
404-923-1486
14405 W 135th St, Olathe, KS for Sale
$9,600,000 USD
Freestanding - FOR SALE
1/7
null | 8.5% Cap Rate

14405 W 135th St
Olathe, KS 66062


HIGHLIGHTS

  • ±4.4 years of primary term remaining with a $0.50 PSF rent increase in each of the three, 5-year renewal options
  • Co-anchors the ±460,000-square-foot Alden Center along with Walmart Supercenter and Hobby Lobby.

OVERVIEW

The CBRE Net Lease Property Group is pleased to exclusively offer for sale the 71,927-square-foot Academy Sports + Outdoors situated on 6.75 acres in Olathe, KS—a southwestern component of the Kansas City MSA (Population: 2.2M). Built in 2013, Academy’s net lease features ±4.4 years of primary term remaining with a $0.50 PSF rent increase in each of the three, 5-year renewal options.

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Academy Sports + Outdoors: Olathe, KS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

366

LAND DETAILS

LAND ACRES

6.75 AC

LAND SF

294,030 SF

ZONING

C2

APN/PARCEL ID

DP00240000-0001A

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-923-1486

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Christopher BosworthCBRE, Inc.More Info
404-923-1486

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.