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Mixed-Use

Corbin Park Mixed Use Opportunity (Building A1)

6601 W 135th St, Overland Park, KS 66223

Listing Price: $5,250,000

Cap Rate
7.00%
Gross SF
50,702
Rentable SF
50,702
Price/Gross SF
$103.55
Lot Size
1.16 acres
Year Built
2014

Investment Overview

The property is currently 75% leased and includes retail and self-storage space. The property is well located in the region dominating Corbin Park development and is priced well below replacement cost. A buyer could increase the NOI from $367,422 to $590,279 upon leasing three vacant retail units and increasing the occupancy of the self-storage component.

Investment Highlights

  • Value-Add, Mixed-Use Opportunity
  • Self-Storage Component, Upside Through Vacancy and Below Market Rents
  • Highly Affluent, Growing Sub-Market
  • Shadow Anchored by 220,000 Square Foot Retail Superpower, Scheels

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Mixed-Use

Corbin Park Mixed Use Opportunity (Building A1)

Listing Price: $5,250,000

Cap Rate
7.00%
Gross SF
50,702
Rentable SF
50,702
Price/Gross SF
$103.55
Lot Size
1.16 acres
Year Built
2014

Investment Highlights

  • Value-Add, Mixed-Use Opportunity
  • Self-Storage Component, Upside Through Vacancy and Below Market Rents
  • Highly Affluent, Growing Sub-Market
  • Shadow Anchored by 220,000 Square Foot Retail Superpower, Scheels

Investment Overview

The property is currently 75% leased and includes retail and self-storage space. The property is well located in the region dominating Corbin Park development and is priced well below replacement cost. A buyer could increase the NOI from $367,422 to $590,279 upon leasing three vacant retail units and increasing the occupancy of the self-storage component.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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