8901 Metcalf Ave - Restaurant FOR SALE
Overland Park, KS 66212 |
$6,905,000 USD
844-585-7682
8901 Metcalf Ave
Overland Park, KS 66212
HIGHLIGHTS
- Single-Tenant Pride of Ownership J. Gilbert’s at Promontory Shopping Center: 46+ year track record operating at the subject property
- Reported unit-level sales that are some of the highest for a sit-down restaurant in the entire state of Kansas
- Outparcel to the Newly Developed Promontory Mixed-Use Development in the Heart of Overland Park
- Long-Term Rental Upside Due to Recent Renovation: The center was recently renovated, but the average rent per square foot remains low
- Located Within the Metcalf Retail Corridor; Metcalf Avenue is the Primary North/South Thoroughfare in Overland Park (37,800 CPD)
- Large Daytime Population: Over 220,000 employees within a 5-mile radius of the property
FOR SALE DETAILS
PRICE
$6,905,000 USD
PRICE/SF
$663 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
J. Gilbert’s @ Promontory | Overland Park, KS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
CROSS STREETS
W 89th St
LAND ACRES
-
LAND SF
-
ZONING
CP-2
APN/PARCEL ID
NP70030000-0001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
844-585-7682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
844-585-7682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
