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Former Chuy’s Restaurant 11965 S Strang Line Rd 7,050 SF Retail Building Olathe, KS 66062 For Sale
Investment Highlights
- Ground Lease Opportunity | Options To Extend
- I-35 (108,000 VPD) | Strong National/Credit Tenant Presence |Adjacent To Target (#82 Location in US, per Placer.ai)
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
- The property is available for sale or to ground lease | Contact Listing Agent for more information
- • Chuy’s has approximately 7 years of term remaining and is still paying rent
• The lease features 10% increases every 5 years of the initial term and at the beginning of each option period
- • Chuy’s has approximately 7 years of term remaining and is still paying rent
• The lease features 10% increases every 5 years of the initial term and at the beginning of each option period
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
7,050 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.11
Lot Size
1.41 AC
Zoning
C-2 - Commercial
Parking
76 Spaces (10.78 Spaces per 1,000 SF Leased)
Frontage
396’ on Strang Line Rd
Amenities
- Restaurant
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,810 SF | Retail | - | Aug 2032 |
1st Floor
| Size |
| 6,810 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Aug 2032 |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,810 SF |
| Space Use | Retail |
| Position | - |
| Available | Aug 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Number | DP54370000-0003 | Improvements Assessment | $232,955 |
| Land Assessment | $357,045 | Total Assessment | $590,000 |
Property Taxes
Parcel Number
DP54370000-0003
Land Assessment
$357,045
Improvements Assessment
$232,955
Total Assessment
$590,000
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Former Chuy’s Restaurant | 11965 S Strang Line Rd
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