SALE PRICE: $1,312,000 | CAP RATE: 7.84%€¦ · 2,760 sq ft freestanding building on .51 acres Tenant statement available upon request Good rent to sales ratio Located on the southwest

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com

SALE PRICE: $1,312,000 | CAP RATE: 7.84%

■ INVESTMENT PROPERTY FOR SALE ■ Tenant has long history and multiple locations in

Kansas City ■ 10 year absolute triple net lease lease with options ■ Recently renovated site ■ 2% annual rent increases ■ 2,760 sq ft freestanding building on .51 acres ■ Tenant statement available upon request ■ Good rent to sales ratio ■ Located on the southwest quadrant of 69 Highway &

103rd Street

For More Information Contact: Exclusive AgentsDANIEL BROCATO | 816.412.7303 | [email protected] BLOCK | 816.412.7400 | [email protected]

CLICK HERE TO VIEW MORE LISTING INFORMATION

GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb

Sales Price: $1,312,000CAP Rate: 7.84%NOI (Current): $102,903GLA: 2,760 SFLot Size: 0.51 Acres

Investment Summary

https://www.linkedin.com/company/block-and-company-inc./

https://twitter.com/BlockRealtors

https://www.facebook.com/BlockRealtors/

http://www.blockandco.com

mailto:dbrocato%40blockandco.com?subject=

mailto:dblock%40blockandco.com?subject=

https://www.blockandco.com/kc/listings/display=1298




INVESTMENT PROPERTY FOR SALE


SITE

SpectrumPaint

103rd Street 19 ,000 cars per day

80,0

00 c

ars

per

day

144 ,000 cars per day

Wycl i f f West

Shoppes

Johnson County

VA Cl in ic

HIGHLANDS PARK

APARTMENTS

WYCLIFF WESTAPARTMENTS

Lab Corp

Mi l ler Mar ley School ofDance &

Voice

Her i tage Computer

& Consul t ing

AERIAL

N









OVERLAND PARK, KANSAS FACTS

In 2013 Overland Park was among the Top 10 Best Mid-Sized Cities to move to. “Overland Park is safe, has a low unemployment rate, and a high average income, making it No. 7...” said Movoto.com of Overland Park in picking the Top 10 cities in the U.S.

Top 100 Best Places to Live 2014, Overland Park is No. 17 according to Livability.com

Top 10 Places to Retire on the Cheap - Overland Park ranks No. 2 in Yahoo Finance’s ranking of the Top 10 places to retire on thecheap.Partoftheevaluationofcommunitiesincludedaffordability,robustlocaleconomy,lowunemployment,affordable housingandaccesstoaffordablehealthcare.

Top 10 soccer facilities in the United States - “Perhaps the most well-known soccer complex in the United States, Overland Park has it all,” said Insite on Sports Events about the Overland Park Soccer Complex.Further recognition of the complex includes its close proximity to more than 30 hotels, and “just about every restaurant one could ask for are located within minutes of the facility.”

In2013OverlandParkrankedinYahooTravel’s“10gloriousgardenstoexplore”findsbeautyintheMonetGardenlocated within the 300 acre Overland Park Arboretum and Botanical Gardens. “Thereis...a quite delightful option: Simply go to (Overland Park) and see a replica (of Monet’s garden),” Yahoo Travel highlights. The Arboretum has a train garden, water gardens, sculpturesandthousandsofcolorfulflowers,manyofwhicharecaredforby30volunteers.

In 2012 Overland Park was among the Top 11 cities in U.S. For Raising a Family - “The schools are better than good, there’s no crime, and parents have a place to work...” said Movoto.com of Overland Park in picking the Top 11 Cities in the U.S. For Raising a Family.

Overland Park Among Top 10 Best Places to Live - CNN Money Magazine rated Overland Park ninth (previously ranked seventh in 2010). In ranking the top 100 cities, CNN Money Magazine, said Overland Park had no lack of town spirit, residents rave aboutfriendlyneighborhoods,peopleflocktothebiweeklyDowntownOverlandParkFarmers’Market,knownasoneofthe best in the area, enjoy the Overland Park Arboretum & Botanical Gardens, Overland Park SoccerComplex and Deanna Rose Children’s Farmstead. Overland Park is one of three cities in the nation to be consistently named in the Top 10 since 2006.

Top 10 Soccer Cities in United States - Overland Park was ranked No. 1 in 2012 by Livability in its list of the Top 10 Soccer Cities in United States. Livability cited the fact the Overland Park Soccer Complex was the only one of its kind in the nation. The 96-acre complexwith 12 lighted regulation-size fields, allwith synthetic turf, hosted the 2010USYouthSoccerNational Championships, and will host the 2013 US Youth Soccer National Championships.

JOHNSON COUNTY, KANSAS FACTS According to the US Census Bureau, Johnson County is one of the largest counties in the state of Kansas and one of the

wealthiest counties in the United States

Johnson County is growing three times the rate of Kansas in general, according to the US Census Bureau

According to the US Census Bureau, Johnson County residents are more educated and more likely to own their own home than elsewhere in Kansas

The unemployment rate in Johnson County has dropped steadily since early 2011, with a current rate of 6%, as compared to the state average of 6.9% and the national average of 9.5%

95.5% of residents have high school diplomas, 50.7% have a Bachelor’s degree or higher








INVESTMENT PROPERTY FOR SALE


KCI Airport

Chiefs & RoyalsStadiums

Worlds of Fun

KansasSpeedway

Union StationLegoland

& Aquarium

CORBIN PARK

OAK PARK MALL

RAYMORE GALLERIA

SUMMIT WOODSSUMMIT FAIR

INDEPENDENCE CENTER

THE FALLS/BASS PRO

CROWN CENTER

POWER & LIGHT DISTRICT

THE LEGENDS

PLAZA AT THE SPEEDWAY

ZONA ROSA SHOPPES AT SHOAL CREEK

PLAZA AT SHOAL CREEK

Downtown Kansas City, MO

Schlitterbahn

Downtown Airport

Lee’s Summit Airport

New Century Airport

Johnson CountyAirport

Kansas River

Kansas City, KS

Missouri River

PRAIRIE FIRE

STATE

LINE

RD

STATE

LINE

RD

COUNTRY CLUB PLAZA

WARD PARKWAY CENTER

TOWN CENTER PLAZA

Grandview

Lee’s Summit

Olathe

Gardner

Overland Park

Lenexa

Merriam

Leawood

Belton

RaymorePleasant Hill

Lake Lotawana

Blue Springs

Independence

Sugar Creek

Raytown

Roeland ParkMission Fairway

Mission Hills

Bonner Springs Edwardsville

Shawnee

North Kansas City, MO

Gladstone

Riverside

Parkville

Platte City

Lansing

Leavenworth

Liberty

Pleasant Valley

Exselsior Springs

Claycomo

MERRIAM TOWN CENTER

IKEAADAMS DAIRY LANDING

TRUMAN MARKETPLACE

STATE LINE STATION

BLUE RIDGE CROSSING

BROOKSIDE SHOPSSHAWNEE STATION

BELTON TOWN CENTER

OLATHE STATION

LENEXA CITY CENTER

S I T E









Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography page 1 of 1©2018, Sites USA, Chandler, Arizona, 480-491-1112

Thi

s re

port

was

pro

duce

d us

ing

data

from

priv

ate

and

gove

rnm

ent s

ourc

es d

eem

ed to

be

relia

ble.

The

info

rmat

ion

here

in is

pro

vide

d w

ithou

t rep

rese

ntat

ion

or w

arra

nty.

SUMMARY PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 38.9418/-94.7016RS1

10075 W. 103rd Street1 mi radius 3 mi radius 5 mi radius

Overland Park, KS 66212

PO

PU

LATI

ON

2017 Estimated Population 12,032 99,738 253,291

2022 Projected Population 12,655 104,916 266,327

2010 Census Population 11,376 92,836 232,951

2000 Census Population 12,259 93,700 224,275

Projected Annual Growth 2017 to 2022 1.0% 1.0% 1.0%

Historical Annual Growth 2000 to 2017 -0.1% 0.4% 0.8%

2017 Median Age 43.4 40 40.3

HO

US

EH

OLD

S

2017 Estimated Households 5,447 44,879 108,756

2022 Projected Households 5,821 47,987 116,230

2010 Census Households 5,062 41,484 99,206

2000 Census Households 5,227 40,028 90,976

Projected Annual Growth 2017 to 2022 1.4% 1.4% 1.4%

Historical Annual Growth 2000 to 2017 0.2% 0.7% 1.1%

RA

CE

AN

DE

THN

ICIT

Y

2017 Estimated White 84.3% 81.0% 82.9%

2017 Estimated Black or African American 6.0% 6.6% 5.6%

2017 Estimated Asian or Pacific Islander 3.9% 5.6% 5.7%

2017 Estimated American Indian or Native Alaskan 0.2% 0.4% 0.3%

2017 Estimated Other Races 5.7% 6.4% 5.5%

2017 Estimated Hispanic 8.3% 8.9% 7.7%

INC

OM

E 2017 Estimated Average Household Income $88,675 $83,836 $103,488

2017 Estimated Median Household Income $74,213 $71,750 $84,063

2017 Estimated Per Capita Income $40,144 $37,880 $44,594

ED

UC

ATI

ON

(AG

E 2

5+)

2017 Estimated Elementary (Grade Level 0 to 8) 0.9% 1.6% 1.7%

2017 Estimated Some High School (Grade Level 9 to 11) 1.7% 2.6% 2.3%

2017 Estimated High School Graduate 13.0% 14.3% 13.5%

2017 Estimated Some College 19.8% 21.4% 19.2%

2017 Estimated Associates Degree Only 8.9% 8.2% 7.3%

2017 Estimated Bachelors Degree Only 32.9% 32.1% 34.2%

2017 Estimated Graduate Degree 22.8% 19.8% 21.7%

BU

SIN

ES

S 2017 Estimated Total Businesses 744 7,783 15,092

2017 Estimated Total Employees 7,531 124,846 228,238

2017 Estimated Employee Population per Business 10.1 16.0 15.1

2017 Estimated Residential Population per Business 16.2 12.8 16.8






Documents

SALE PRICE: $1,312,000 | CAP RATE: 7.84%€¦ · 2,760 sq ft freestanding building on .51 acres Tenant statement available upon request Good rent to sales ratio Located on the southwest