Southpark Commons presents an exceptional investment opportunity in the thriving Olathe, Kansas market. This stabilized commercial property offers a strong current occupancy rate of 92%, generating a solid Net Operating Income (NOI) of $179,097. Priced competitively at $1,990,000, the property promises immediate cash flow with significant upside potential.
One remaining 2,439 SF vacancy, in excellent move-in-ready condition, offers an exciting opportunity for future growth. At a market rental rate of $14 Net, filling this space could increase the property’s NOI to an impressive $213,243, enhancing its already attractive returns. Southpark Commons is a rare chance to secure a high-performing asset with room for further value creation.
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