1209-1225 E Santa Fe St - Retail FOR SALE


Olathe, KS 66061- Ridgeview South
$4,900,000 USD
816-726-2642
1209-1225 E Santa Fe St, Olathe, KS for Sale
$4,900,000 USD
Retail - FOR SALE
1/7
null | 8% Cap Rate

1209-1225 E Santa Fe St
Olathe, KS 66061
Ridgeview South


HIGHLIGHTS

  • Centrally located in the heart of Olathe, KS
  • Less than one mile west of I-35 Hwy
  • 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

OVERVIEW

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

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$74 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eastgate Shopping Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

260

LAND DETAILS

LAND ACRES

5.27 AC

LAND SF

229,561 SF

ZONING

CP2

APN/PARCEL ID

DF231336-3001,DF231336-3017,DF231336-3021

ASK ABOUT THIS PROPERTY

Drew Quinn CCIMColliersMore Info
816-726-2642

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Drew Quinn CCIMColliersMore Info
816-726-2642

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