13701 W 175th St - Freestanding FOR SALE
Overland Park, KS 66221 |
$2,880,000 USD
650-678-7200
13701 W 175th St
Overland Park, KS 66221
HIGHLIGHTS
- Brand-new 10-year corporate net lease with 10% rental increases every 5 years
- Lease is backed by tenant’s parent company – The Sherwin-Williams Company
- 2025 build-to-suit construction to tenant’s latest prototype
- 20-year roof warranty in place
- Sherwin Williams 2024 revenue totaled $23.10B – a year-over-year increase for the 15th consecutive year
- Extremely affluent residential demographics – $195,000 average household incomes within a 3-mile radius of the subject property
OVERVIEW
A corporate net leased Sherwin Williams with a 10-year base term lease featuring 10% rental increases every 5 years and 4, 5-year extension options with the same escalators. The subject property is located in Overland Park – an extremely affluent residential trade area in the Kansas City MSA boasting average household incomes of $195,000 within a 3-mile radius.
FOR SALE DETAILS
PRICE
$2,880,000 USD
PRICE/SF
$627 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sherwin Williams
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.53 AC
LAND SF
23,087 SF
ZONING
-
APN/PARCEL ID
NR241428-3012
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650-678-7200
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650-678-7200
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