General Use Retail
Specific Use General/Street Retail
County Johnson

For Sale Contact Agent For Details
Gross Land 261,652 SF
Gross Building 65,216 SF
Sale Type Investment

Offering Memorandum.pdf

David Block • 816-412-7400 • Email

Brochure

Share This Listing

Best Buy | Planet Fitness Building
Best Buy | Planet Fitness Building
Best Buy | Planet Fitness Building
Best Buy | Planet Fitness Building
Best Buy | Planet Fitness Building

  • 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
  • Public Market cap of both companies is nearly $30 million
  • 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, Academy Sports, Nordstrom Rack and most national retailers


 Map Properties
Contact
My Block
Sign Up