Best Buy | Planet Fitness Net Lease RE
9301-9331 Quivira Road, Overland Park, KS 66215
Image 1 of 2: Best Buy | Planet Fitness Net Lease RE
For Sale
Contact Agent for Pricing
- Gross Land:
- 261,652 SF
- Building SF:
- 65,216
- Sale Type:
- Investment
- CAP Rate:
- 6.5%
Property Highlights
- Investment grade retail purchase across from Oak Park Mall
- Two tenant building, Best Buy (72% of building) is publicly traded and Planet Fitness (28% of building) is one of the largest franchisees in the country of a publicly traded company
- Dominant market leaders in their respective retail categories
- Excellent Public Market cap for both companies
- Lease extensions with rate increases in future, purchase price on in place rents
- Triple net leases for ease of ownership
- Across from Oak Park Mall, largest mall in the Kansas City Metro area in terms of size and sales
- Located in best retail zone of Johnson County, KS, one of the wealthiest counties in the United States
- Terrific visibility, great traffic counts, and substantial parking
- Area tenants include Target, Nordstrom, Macy's, Gordmans, MIchael's, Sam's Club, Nordstrom Rack and most national retailers
- General Use:
- Retail
- Specific Use:
- General/Street Retail
- County:
- Johnson
