Shopping Strip
Shops at JCPenney - Corbin Park
6917 W 135th St, Overland Park, KS 66223
Listing Price: $4,300,000
Cap Rate
8.50%
Gross SF
20,432
Rentable SF
20,432
Price/Gross SF
$210.45
Lot Size
1.00 acres
Year Built
2008
Investment Overview
MArcus & Millichap is pleased to exclusively offer for sale the JCPenney Shops in the Corbin Park Shopping Center.
Shops at JCPenney - Corbin Park
Investment Highlights
- Long Term Leasehold Interest with Minimal Expense Burden
- Long Term Leases with Scheduled Rent Increases - Paying an Average In-Place NNN Equivalent Rent of $13.00/sf
- Potential Participation in Future Redevelopment of JCPenney
- Upside Potential with Remaining Vacant Space
Broker of Record
Listing Price: $4,300,000
Cap Rate
8.50%
Gross SF
20,432
Rentable SF
20,432
Price/Gross SF
$210.45
Lot Size
1.00 acres
Year Built
2008
Investment Highlights
- Long Term Leasehold Interest with Minimal Expense Burden
- Long Term Leases with Scheduled Rent Increases - Paying an Average In-Place NNN Equivalent Rent of $13.00/sf
- Potential Participation in Future Redevelopment of JCPenney
- Upside Potential with Remaining Vacant Space
Investment Overview
MArcus & Millichap is pleased to exclusively offer for sale the JCPenney Shops in the Corbin Park Shopping Center.
Broker of Record
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