All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
SALE PRICE: $1,312,000 | CAP RATE: 7.84%
■ INVESTMENT PROPERTY FOR SALE ■ Tenant has long history and multiple locations in
Kansas City ■ 10 year absolute triple net lease lease with options ■ Recently renovated site ■ 2% annual rent increases ■ 2,760 sq ft freestanding building on .51 acres ■ Tenant statement available upon request ■ Good rent to sales ratio ■ Located on the southwest quadrant of 69 Highway &
103rd Street
For More Information Contact: Exclusive AgentsDANIEL BROCATO | 816.412.7303 | [email protected] BLOCK | 816.412.7400 | [email protected]
CLICK HERE TO VIEW MORE LISTING INFORMATION
GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb
Sales Price: $1,312,000CAP Rate: 7.84%NOI (Current): $102,903GLA: 2,760 SFLot Size: 0.51 Acres
Investment Summary
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
INVESTMENT PROPERTY FOR SALE
GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb
SITE
SpectrumPaint
103rd Street 19 ,000 cars per day
80,0
00 c
ars
per
day
144 ,000 cars per day
Wycl i f f West
Shoppes
Johnson County
VA Cl in ic
HIGHLANDS PARK
APARTMENTS
WYCLIFF WESTAPARTMENTS
Lab Corp
Mi l ler Mar ley School ofDance &
Voice
Her i tage Computer
& Consul t ing
AERIAL
N
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb
OVERLAND PARK, KANSAS FACTS
In 2013 Overland Park was among the Top 10 Best Mid-Sized Cities to move to. “Overland Park is safe, has a low unemployment rate, and a high average income, making it No. 7...” said Movoto.com of Overland Park in picking the Top 10 cities in the U.S.
Top 100 Best Places to Live 2014, Overland Park is No. 17 according to Livability.com
Top 10 Places to Retire on the Cheap - Overland Park ranks No. 2 in Yahoo Finance’s ranking of the Top 10 places to retire on thecheap.Partoftheevaluationofcommunitiesincludedaffordability,robustlocaleconomy,lowunemployment,affordable housingandaccesstoaffordablehealthcare.
Top 10 soccer facilities in the United States - “Perhaps the most well-known soccer complex in the United States, Overland Park has it all,” said Insite on Sports Events about the Overland Park Soccer Complex.Further recognition of the complex includes its close proximity to more than 30 hotels, and “just about every restaurant one could ask for are located within minutes of the facility.”
In2013OverlandParkrankedinYahooTravel’s“10gloriousgardenstoexplore”findsbeautyintheMonetGardenlocated within the 300 acre Overland Park Arboretum and Botanical Gardens. “Thereis...a quite delightful option: Simply go to (Overland Park) and see a replica (of Monet’s garden),” Yahoo Travel highlights. The Arboretum has a train garden, water gardens, sculpturesandthousandsofcolorfulflowers,manyofwhicharecaredforby30volunteers.
In 2012 Overland Park was among the Top 11 cities in U.S. For Raising a Family - “The schools are better than good, there’s no crime, and parents have a place to work...” said Movoto.com of Overland Park in picking the Top 11 Cities in the U.S. For Raising a Family.
Overland Park Among Top 10 Best Places to Live - CNN Money Magazine rated Overland Park ninth (previously ranked seventh in 2010). In ranking the top 100 cities, CNN Money Magazine, said Overland Park had no lack of town spirit, residents rave aboutfriendlyneighborhoods,peopleflocktothebiweeklyDowntownOverlandParkFarmers’Market,knownasoneofthe best in the area, enjoy the Overland Park Arboretum & Botanical Gardens, Overland Park SoccerComplex and Deanna Rose Children’s Farmstead. Overland Park is one of three cities in the nation to be consistently named in the Top 10 since 2006.
Top 10 Soccer Cities in United States - Overland Park was ranked No. 1 in 2012 by Livability in its list of the Top 10 Soccer Cities in United States. Livability cited the fact the Overland Park Soccer Complex was the only one of its kind in the nation. The 96-acre complexwith 12 lighted regulation-size fields, allwith synthetic turf, hosted the 2010USYouthSoccerNational Championships, and will host the 2013 US Youth Soccer National Championships.
JOHNSON COUNTY, KANSAS FACTS According to the US Census Bureau, Johnson County is one of the largest counties in the state of Kansas and one of the
wealthiest counties in the United States
Johnson County is growing three times the rate of Kansas in general, according to the US Census Bureau
According to the US Census Bureau, Johnson County residents are more educated and more likely to own their own home than elsewhere in Kansas
The unemployment rate in Johnson County has dropped steadily since early 2011, with a current rate of 6%, as compared to the state average of 6.9% and the national average of 9.5%
95.5% of residents have high school diplomas, 50.7% have a Bachelor’s degree or higher
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
INVESTMENT PROPERTY FOR SALE
GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb
KCI Airport
Chiefs & RoyalsStadiums
Worlds of Fun
KansasSpeedway
Union StationLegoland
& Aquarium
CORBIN PARK
OAK PARK MALL
RAYMORE GALLERIA
SUMMIT WOODSSUMMIT FAIR
INDEPENDENCE CENTER
THE FALLS/BASS PRO
CROWN CENTER
POWER & LIGHT DISTRICT
THE LEGENDS
PLAZA AT THE SPEEDWAY
ZONA ROSA SHOPPES AT SHOAL CREEK
PLAZA AT SHOAL CREEK
Downtown Kansas City, MO
Schlitterbahn
Downtown Airport
Lee’s Summit Airport
New Century Airport
Johnson CountyAirport
Kansas River
Kansas City, KS
Missouri River
PRAIRIE FIRE
STATE
LINE
RD
STATE
LINE
RD
COUNTRY CLUB PLAZA
WARD PARKWAY CENTER
TOWN CENTER PLAZA
Grandview
Lee’s Summit
Olathe
Gardner
Overland Park
Lenexa
Merriam
Leawood
Belton
RaymorePleasant Hill
Lake Lotawana
Blue Springs
Independence
Sugar Creek
Raytown
Roeland ParkMission Fairway
Mission Hills
Bonner Springs Edwardsville
Shawnee
North Kansas City, MO
Gladstone
Riverside
Parkville
Platte City
Lansing
Leavenworth
Liberty
Pleasant Valley
Exselsior Springs
Claycomo
MERRIAM TOWN CENTER
IKEAADAMS DAIRY LANDING
TRUMAN MARKETPLACE
STATE LINE STATION
BLUE RIDGE CROSSING
BROOKSIDE SHOPSSHAWNEE STATION
BELTON TOWN CENTER
OLATHE STATION
LENEXA CITY CENTER
S I T E
All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.
Block & Company, Inc., Realtors | 605 W. 47th Street, Ste. 200, Kansas City, MO 64112 | 816.753.6000 | www.blockandco.com
GAS STATION/CONVENIENCE STORELong Term NNN Lease Real Estate Investment 10075 W. 103rd St., Overland Park, KS | A Kansas City Suburb
Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography page 1 of 1©2018, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 38.9418/-94.7016RS1
10075 W. 103rd Street1 mi radius 3 mi radius 5 mi radius
Overland Park, KS 66212
PO
PU
LATI
ON
2017 Estimated Population 12,032 99,738 253,291
2022 Projected Population 12,655 104,916 266,327
2010 Census Population 11,376 92,836 232,951
2000 Census Population 12,259 93,700 224,275
Projected Annual Growth 2017 to 2022 1.0% 1.0% 1.0%
Historical Annual Growth 2000 to 2017 -0.1% 0.4% 0.8%
2017 Median Age 43.4 40 40.3
HO
US
EH
OLD
S
2017 Estimated Households 5,447 44,879 108,756
2022 Projected Households 5,821 47,987 116,230
2010 Census Households 5,062 41,484 99,206
2000 Census Households 5,227 40,028 90,976
Projected Annual Growth 2017 to 2022 1.4% 1.4% 1.4%
Historical Annual Growth 2000 to 2017 0.2% 0.7% 1.1%
RA
CE
AN
DE
THN
ICIT
Y
2017 Estimated White 84.3% 81.0% 82.9%
2017 Estimated Black or African American 6.0% 6.6% 5.6%
2017 Estimated Asian or Pacific Islander 3.9% 5.6% 5.7%
2017 Estimated American Indian or Native Alaskan 0.2% 0.4% 0.3%
2017 Estimated Other Races 5.7% 6.4% 5.5%
2017 Estimated Hispanic 8.3% 8.9% 7.7%
INC
OM
E 2017 Estimated Average Household Income $88,675 $83,836 $103,488
2017 Estimated Median Household Income $74,213 $71,750 $84,063
2017 Estimated Per Capita Income $40,144 $37,880 $44,594
ED
UC
ATI
ON
(AG
E 2
5+)
2017 Estimated Elementary (Grade Level 0 to 8) 0.9% 1.6% 1.7%
2017 Estimated Some High School (Grade Level 9 to 11) 1.7% 2.6% 2.3%
2017 Estimated High School Graduate 13.0% 14.3% 13.5%
2017 Estimated Some College 19.8% 21.4% 19.2%
2017 Estimated Associates Degree Only 8.9% 8.2% 7.3%
2017 Estimated Bachelors Degree Only 32.9% 32.1% 34.2%
2017 Estimated Graduate Degree 22.8% 19.8% 21.7%
BU
SIN
ES
S 2017 Estimated Total Businesses 744 7,783 15,092
2017 Estimated Total Employees 7,531 124,846 228,238
2017 Estimated Employee Population per Business 10.1 16.0 15.1
2017 Estimated Residential Population per Business 16.2 12.8 16.8