Santa Fe Commons FOR SALE


Olathe, KS
$6,450,000 USD
913-362-1000
, Olathe, KS for Sale
$6,450,000 USD
FOR SALE
1/9
null | 7.89% Cap Rate

Santa Fe Commons
Olathe, KS


OVERVIEW

Great Plans Real Estate Developments, LLC (“Ownership”) is the fee simple owner of the Santa Fe Commons development, in its entirety. The entire project is being marketed and offered for sale as a single transaction, with wholesale pricing for the remaining development lots for an investor. Total Price - $6.45M Four (4) existing buildings = 45,630 rentable square feet Asking price of $5,910,000 ($129.52 PSF) CAP rate of 8.61% on the current NOI $508,757 Two development lots zoned for a combined 22,920 SF of building area at a reduced wholesale price of $540,000, which is discounted from the current combined listed price of $796,250. With a combined price for all four (4) buildings of 45,630 RSF and two development lots of 91,500 SF (2.10 acres) for a reduced price of $6,450,000, this is a rare, value add opportunity that is drastically below replacement costs in a premier location within the KC Metropolitan Area.

ASK ABOUT THIS PROPERTY

Brandon LaSalaNAI HeartlandMore Info
913-362-1000

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Brandon LaSalaNAI HeartlandMore Info
913-362-1000

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