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Shopping Community

Bassett Furniture | Protein House

6801 W 135th St, Overland Park, KS 66223

Listing Price: $4,277,000

Cap Rate
7.04%
Gross SF
25,086
Rentable SF
25,086
Price/Gross SF
$170.49
Lot Size
0.58 acres
Year Built
2014

Investment Overview

The property is currently 72% occupied and with one vacancy that is proposed for restaurant use (proposed floor plan details on page 10). A buyer could increase the NOI from $301,076 to $428,198 upon leasing the proposed space and create a proforma cap rate of 10.01%.

Investment Highlights

  • Upside Opportunity - 42% Increase in NOI by Leasing Vacancy
  • Highly Affluent, Growing Sub-Market
  • Shadow Anchored by 220,000 Square Foot Retail Superpower, Scheels
  • Located in Class a Lifestyle/Mixed Use Center
  • Nationally Recognize Furniture Tenant - Bassett Furniture
  • Long Term Lease with Protein House

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Shopping Community

Bassett Furniture | Protein House

Listing Price: $4,277,000

Cap Rate
7.04%
Gross SF
25,086
Rentable SF
25,086
Price/Gross SF
$170.49
Lot Size
0.58 acres
Year Built
2014

Investment Highlights

  • Upside Opportunity - 42% Increase in NOI by Leasing Vacancy
  • Highly Affluent, Growing Sub-Market
  • Shadow Anchored by 220,000 Square Foot Retail Superpower, Scheels
  • Located in Class a Lifestyle/Mixed Use Center
  • Nationally Recognize Furniture Tenant - Bassett Furniture
  • Long Term Lease with Protein House

Investment Overview

The property is currently 72% occupied and with one vacancy that is proposed for restaurant use (proposed floor plan details on page 10). A buyer could increase the NOI from $301,076 to $428,198 upon leasing the proposed space and create a proforma cap rate of 10.01%.

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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