15085 W 119th St - Restaurant FOR SALE


Olathe, KS 66062
$2,900,000 USD
913-620-6207
15085 W 119th St, Olathe, KS for Sale
$2,900,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

15085 W 119th St
Olathe, KS 66062


HIGHLIGHTS

  • Prime outparcel location in Olathe Pointe lifestyle center.
  • High-traffic intersection with over 42,000 vehicles per day.
  • Strong regional demographics and affluent customer base.
  • Offered significantly below replacement cost for immediate value.
  • Surrounded by major retailers and planned entertainment projects.

OVERVIEW

This offering features a vacant, former Granite City restaurant property strategically positioned as an outparcel to Olathe Pointe Shopping Center, anchored by Whole Foods, HomeGoods, and Marshalls. Built in 2005, the ±10,135 SF building sits on ±1.78 acres with 80 parking spaces, providing excellent visibility and access along W 119th Street and Black Bob Road, which see combined traffic counts exceeding 42,000 VPD. Located in Olathe, the fourth-largest city in the Kansas City metro, the property benefits from strong demographics and proximity to major employers like Garmin and Honeywell.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

CP2

APN/PARCEL ID

DP54190000-0005

ASK ABOUT THIS PROPERTY

Adam TiltonCBREMore Info
913-620-6207

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Adam TiltonCBREMore Info
913-620-6207

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