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Restaurant

J. Alexander's

11471 Metcalf Ave, Overland Park, KS 66210

Listing Price: $7,565,000

Cap Rate
5.75%
Tenant Name
J. Alexander
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
8,118
Lease Type
Absolute Net
Rent Per Square Feet
$53.58

Investment Overview

- Located within a main retail hub along Metcalf Ave - Neighboring tenants include Firestone, Planet Fitness, JoAnn Fabric, Kohl’s, WalMart Supercenter, Best Buy and more - One-half block from the T-Mobile Campus Headquarters

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • Corporate Lease with J. Alexander's, LLC
  • Attractive Annual 1.5% Rent Increases for the First 5 Years, and 7.5% Increases every 5 years thereafter

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Restaurant

J. Alexander's

Listing Price: $7,565,000

Cap Rate
5.75%
Tenant Name
J. Alexander
Years Remaining On Lease
19.8
Guarantor
Corporate Guarantee
Rentable SF
8,118
Lease Type
Absolute Net
Rent Per Square Feet
$53.58

Investment Highlights

  • New 20-Year Absolute NNN Lease
  • Corporate Lease with J. Alexander's, LLC
  • Attractive Annual 1.5% Rent Increases for the First 5 Years, and 7.5% Increases every 5 years thereafter

Investment Overview

- Located within a main retail hub along Metcalf Ave - Neighboring tenants include Firestone, Planet Fitness, JoAnn Fabric, Kohl’s, WalMart Supercenter, Best Buy and more - One-half block from the T-Mobile Campus Headquarters

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

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