Log In/Sign Up
Your email has been sent.
Take 5 | New 15 Year Abs NNN Lease 7615 Shawnee Mission Pky 3,200 SF Retail Building Mission, KS 66202 $1,928,500 ($602.66/SF) 7% Cap Rate
Investment Highlights
- New 15-Year Lease Term at Closing – 10% Rent Increases Every 5 Years
- Tenant Has Exclusive Rights To Operate In The Kansas City Metro Area With An Agreement To Open At Least 16 Locations, and Plans to Open at Least 20+.
- High-Visibility Corridor Location –of direct frontage on Shawnee Mission Parkway, one of Northeast Johnson County’s busiest retail arteries, seeing 35
- Rapidly Growing Operator - Tenant Currently Has Seven Sites Open With Additional Sites Pending
- Fee Simple Ownership with Absolute NNN Lease – Zero Landlord Responsibilities
- Located Just 9 Miles from Downtown Kansas City – Easy Access to I-35, US-169 & Metcalf Ave; 34 Minutes to Kansas City International Airport
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
C
Year Built/Renovated
1987/2025
Price
$1,928,500
Price Per SF
$602.66
Cap Rate
7%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.22
Lot Size
0.33 AC
Zoning
CP-3 - DEALERSHIP, RETAIL
Parking
30 Spaces (9.38 Spaces per 1,000 SF Leased)
Frontage
87’ on Shawnee Mission Pky
Nearby Major Retailers
Property Taxes
| Parcel Number | NP77600000-0007A | Improvements Assessment | $42,455 |
| Land Assessment | $47,730 | Total Assessment | $90,185 |
Property Taxes
Parcel Number
NP77600000-0007A
Land Assessment
$47,730
Improvements Assessment
$42,455
Total Assessment
$90,185
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Take 5 | New 15 Year Abs NNN Lease | 7615 Shawnee Mission Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.