Eastgate Shopping Center is a four-tenant retail strip center which adjoins, but not part of the offering, Kmacho’s Mexican Restaurant and Bonito’s Bakery and Market. Built in 1972, Eastgate Shopping Center has been upgraded multiple times to accommodate new tenants, specifically the current tenancy.
Sale price - $4,900,000.00
8.0% capitalization rate
65,976 square feet - $74.27/SF
Centrally located in the heart of Olathe, KS
Less than one mile west of I-35
Traffic counts exceeding 24,000 cars per day
Excellent visibility from E. Santa Fe Street (135th Street)
Multiple access points from E. Santa Fe Street and Ridgeview Road
Ample parking – 265 parking places/4:01: 1000
Potential pad site for development
Professionally managed – good condition