12005 Metcalf Ave - Restaurant FOR SALE
Overland Park, KS 66213 |
$3,400,000 USD
314-889-2555
12005 Metcalf Ave
Overland Park, KS 66213
HIGHLIGHTS
- Corporate Backed 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring Rare Above Average 3.0% Annual Rental Increases.
- High-Traffic Retail Corridor: Property Sits at the Signalized Hard-Corner Intersection of 119th Street and Metcalf Avenue.
- Growing National Brand: Bojangles Operates Nearly 870 Restaurants Systemwide across more than 20 States, Opening over 40 New Locations in 2025 Alone.
- Exceptional Daytime Population and Education Hub: Site Sits within a Trade Area Anchored by Aspiria's 3.8-Million-Square-Foot Former Sprint Campus.
- Premier, Established Retail Corridor: Site Sits along One of Overland Park's Most Sought-After Retail Corridors at 119th and Metcalf.
- Eligible for Accelerated & 100% Bonus Depreciation on Qualifying Components, Subject to Cost Segregation & the Treatment of Tenant-Funded Improvements
OVERVIEW
Bojangles w/ Dr-Thru | Rare 3% Annual Rent Increases | Brand New 15 Year Absolute Net Lease | Excellent Real Estate | Qualifies for Accelerated and 100% Bonus Depreciation | High-Traffic Retail Corridor | Densely Populated and Affluent Area: $136k+ Avg. HHI | Exceptional Daytime Population & Education Hub | Grocery-Anchored Pad Site | Power Center Anchors on Both Sides | Regional Medical Cluster
Kansas Broker of Record: David Saverin | 9393 W. 110th St., Ste. 500 Overland Park, KS 66210 | P: (314) 889-2555 | Lic #: 00249685 | David.Saverin@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$3,400,000 USD
PRICE/SF
$1,095 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BOJANGLES w/ DR-THRU | RARE 3% ANNUAL BUMPS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
0.92 AC
LAND SF
40,228 SF
ZONING
CP2
APN/PARCEL ID
NP79700000-0003A
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314-889-2555
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314-889-2555
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