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Miscellaneous

Guitar Center - Next to Aspiria Development

6700 W 119th St, Overland Park, KS 66209

Listing Price: $4,370,000

Cap Rate
6.35%
Tenant Name
Guitar Center
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$18.50

Investment Overview

Link to Aspiria Development https://www.youtube.com/watch?v=ar30nb4RO0s Ctrl+Click

Investment Highlights

  • Guitar Center is Located Adjacent to 207-Acre Aspiria Development (Former Sprint World Headquarter)
  • Pride of Ownership Location - Across from Cheesecake Factory, Whole Foods, and more
  • Aspiria Development - 1.1M SF New Office (in addition to 3,974,238 SF of existing office), 382K SF of Retail, 600-unit Multi-Family Housing, 120-Rm Hotel and 60-acre Public Spaces
  • Over 127,000 Daytime Population within 3--Mile Radius - Home to Many Fortune 500 Companies
  • Lease Term - 4.5 Years Remaining on a NN Lease. Recent Roof Installed with 12-yr. Roof Warranty Remaining
  • Excellent Traffic - Over 52,800 VPD at the Intersection
  • Overland Park, KS - One of the Most Affluent & Desirable Market in KS with $127,797 AHHI within 3-Mile and is One of the Top 10 of 100 Best Places to Live in the U.S. -CNN Money-

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Miscellaneous

Guitar Center - Next to Aspiria Development

Listing Price: $4,370,000

Cap Rate
6.35%
Tenant Name
Guitar Center
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$18.50

Investment Highlights

  • Guitar Center is Located Adjacent to 207-Acre Aspiria Development (Former Sprint World Headquarter)
  • Pride of Ownership Location - Across from Cheesecake Factory, Whole Foods, and more
  • Aspiria Development - 1.1M SF New Office (in addition to 3,974,238 SF of existing office), 382K SF of Retail, 600-unit Multi-Family Housing, 120-Rm Hotel and 60-acre Public Spaces
  • Over 127,000 Daytime Population within 3--Mile Radius - Home to Many Fortune 500 Companies
  • Lease Term - 4.5 Years Remaining on a NN Lease. Recent Roof Installed with 12-yr. Roof Warranty Remaining
  • Excellent Traffic - Over 52,800 VPD at the Intersection
  • Overland Park, KS - One of the Most Affluent & Desirable Market in KS with $127,797 AHHI within 3-Mile and is One of the Top 10 of 100 Best Places to Live in the U.S. -CNN Money-

Investment Overview

Link to Aspiria Development https://www.youtube.com/watch?v=ar30nb4RO0s Ctrl+Click

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

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