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Seville Home | Overland Park, KS 5205 W 135th St 21,012 SF 4-Star Retail Building Leawood, KS 66224 $4,606,000 ($219.21/SF) 7.75% Cap Rate
Investment Highlights
- Tenant NNN Investment Opportunity
- Strong demographics
- Across from Prairiefire Entertainment Disctrict and down the street from Corbin Park (Scheels, Von Maur, JCPenneys, and more)
- 2% annual rent growth
- Key intersection for the 135th Street retail corridor
Executive Summary
Recent 10-Year Lease Extension | Long-Term Operating History; Strong Financials | Offered Below Replacement Cost | Affluent Kansas City Suburb; $202,000 AHHI
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
21,012 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2005
Price
$4,606,000
Price Per SF
$219.21
Cap Rate
7.75%
NOI
$357,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.50
Lot Size
0.97 AC
Zoning
SD-CR - (Planned General Retail)
Frontage
1,208’ on W 135th
Amenities
- Mezzanine
- Signage
- Signalized Intersection
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Luxe Home Décor, LLC dba Seville Home
- Retailer
- 20,000 SF
- $17.50
- Triple Net
- Sep 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Luxe Home Décor, LLC dba Seville Home | Retailer | 20,000 SF | $17.50 | Triple Net | Sep 2035 |
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | HP13900000-0013 | Improvements Assessment | $819,928 |
| Land Assessment | $152,573 | Total Assessment | $972,501 |
Property Taxes
Parcel Number
HP13900000-0013
Land Assessment
$152,573
Improvements Assessment
$819,928
Total Assessment
$972,501
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Contact the Sale Advisor
Seville Home | Overland Park, KS | 5205 W 135th St