12120 College Blvd - Retail FOR SALE


Overland Park, KS 66210
$3,507,892 USD
405-205-8489
12120 College Blvd, Overland Park, KS for Sale
$3,507,892 USD
Retail - FOR SALE
1/11
null | 6.5% Cap Rate

12120 College Blvd
Overland Park, KS 66210


HIGHLIGHTS

  • New 20-Year, Absolute NNN Corporate Sale-Leaseback
  • Third Store in the Chain (#3)
  • Top-Performing Store | Strong Coverage and Operational Stability
  • High-Income Trade Area in Dense Employment Corridor
  • Premier Johnson County Submarket
  • Rapidly Expanding Fast-Casual Tenant

OVERVIEW

SHOP Companies is pleased to offer for sale the Hawaiian Bros located at 12120 College Boulevard in Overland Park, Kansas, structured as a 20-year, absolute NNN corporate sale-leaseback with Hawaiian Bros Inc. This property is the third Hawaiian Bros restaurant in the system and among the brand’s most consistently high-performing units. A new 20-year absolute NNN lease will be executed at closing, featuring 10% rent escalations every five years, including all four 5-year renewal options. Located along College Boulevard near Quivira Road, the property sits within a dense employment and retail corridor anchored by Johnson County Community College (17,000 students) and major national retailers, including Chick-fil-A, Wendy’s, Chipotle, Dunkin’, and Panera Bread. The surrounding trade area features exceptional demographics, with average household incomes exceeding $120,000 within a three-mile radius. Overland Park is widely recognized as the most desirable suburb of Kansas City—an affluent, highly educated community with top-rated schools, a diverse employment base, and strong economic growth. The city continues to attract major corporate investment across healthcare, technology, and professional services, reinforcing its position as the region’s leading business hub. The Overland Park Hawaiian Bros reflects the brand’s strong unit-level performance and operational consistency, supported by a high-volume trade area and best-in-class real estate fundamentals. Hawaiian Bros now operates 65+ restaurants nationwide, with more than 250 additional units committed through multi-unit franchise development agreements. This offering provides an opportunity to acquire a corporate-operated, long-term net lease with one of the fastest-growing fast-casual restaurant brands in the country, positioned in a premier Johnson County retail corridor. In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998

FOR SALE DETAILS

PRICE

$3,507,892 USD

PRICE/SF

$1,115 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawaiian Bros - Overland Park, KS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

CPO

APN/PARCEL ID

NP11600000-0001

ASK ABOUT THIS PROPERTY

Will LightfootSHOP CompaniesMore Info
405-205-8489

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Will LightfootSHOP CompaniesMore Info
405-205-8489

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