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8801 Johnson Drive - AT&T and Subway, Merriam, KS

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8801 Johnson Drive - AT&T and Subway

Merriam, KS 66202-2152 - Northeast Johnson County Submarket

(3.1 MB)

Property Type:Retail Sub Type:- Status:Existing Year Built:2017
Building Size:6,943 SF Land Area:.79 AC (34,412 SF)
For Sale Price:$4,830,000 Price/SF:$695.66
Cap Rate:6.75 %

Sale Notes:
AT&T and Subway are located at 8801 Johnson Drive in Merriam, Kansas. Currently under construction, the subject property is a 6,943-square-foot two-tenant building on +/- .79 acres of land. The subject property is leased to AT&T and Subway on a new ten year lease terms. AT&T (NYSE: T) is the second largest provider of mobile telephone and the largest provider of fixed telephone in the United States, and is the world' s largest communications company. The Subway brand is the world' s largest submarine sandwich chain with more than 44,000 locations in 111 countries.

Merriam is a community, just eight miles south of downtown Kansas City and minutes from anywhere in the metro. The community lies on the northeastern edge of Johnson County, but it is bisected by major thoroughfares, including Interstate 35. As a result, visitors and residents are only minutes away from both downtown Kansas City, and business districts in southern Johnson County. Merriam offers comfortable, inviting and affordable housing and lodging, plentiful restaurants, shopping venues, parks and nature trails, attractions, and events.

Marcus & Millichap Inc
Jamie Medress
(602) 687-6778

Mark Ruble
(602) 687-6766 x6766

Marcus & Millichap Inc
Greg Bates
(816) 410-1010

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