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Dry Good

GUITAR CENTER - TROPHY LOCATION

6700 W 119th St, Overland Park, KS 66209

Listing Price: $4,625,000

Cap Rate
6.00%
Tenant Name
GUITAR CENTER
Years Remaining On Lease
3.7
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$18.50

Investment Overview

Guitar Center is located adjacent to Aspiria Redevelopment and across from Cheesecake Factory & Whole Foods. Aspiria 207-acre redevelopment will feature 1.1M SF of new office space, 382,875 SF of retail, 600-units of multi-family housing, 120-rm hotel and 60 acres of community spaces. Guitar Center has filed for an IPO and forecasts record breaking revenues for 2022.

Investment Highlights

  • Trophy Location - Next to Aspira 207-Acre Redevelopment and Across from Cheesecake Factory & Whole Foods
  • Guitar Center - IPO Filed with Record Breaking 2022 Revenue Forecast
  • Excellent Demographics - $127,812 Average Household Income & 127,812 Daytime Population Within a 3-Mile Radius
  • High Traffic Counts - Combined 51,539 VPD at the Intersection
  • This Location is Ranked #71 out of 227 as the Most Visited Location per Placer.ai
  • Four Years Remaining on a NN Lease. Landlord Responsible for Roof & Structure - 11 Years Roof Warranty Remaining

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Dry Good

GUITAR CENTER - TROPHY LOCATION

Listing Price: $4,625,000

Cap Rate
6.00%
Tenant Name
GUITAR CENTER
Years Remaining On Lease
3.7
Guarantor
Corporate Guarantee
Rentable SF
15,000
Lease Type
Double Net
Rent Per Square Feet
$18.50

Investment Highlights

  • Trophy Location - Next to Aspira 207-Acre Redevelopment and Across from Cheesecake Factory & Whole Foods
  • Guitar Center - IPO Filed with Record Breaking 2022 Revenue Forecast
  • Excellent Demographics - $127,812 Average Household Income & 127,812 Daytime Population Within a 3-Mile Radius
  • High Traffic Counts - Combined 51,539 VPD at the Intersection
  • This Location is Ranked #71 out of 227 as the Most Visited Location per Placer.ai
  • Four Years Remaining on a NN Lease. Landlord Responsible for Roof & Structure - 11 Years Roof Warranty Remaining

Investment Overview

Guitar Center is located adjacent to Aspiria Redevelopment and across from Cheesecake Factory & Whole Foods. Aspiria 207-acre redevelopment will feature 1.1M SF of new office space, 382,875 SF of retail, 600-units of multi-family housing, 120-rm hotel and 60 acres of community spaces. Guitar Center has filed for an IPO and forecasts record breaking revenues for 2022.

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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