For Lease
$14/SF/YR

873 Parker St Olathe, KS 66061

Olathe, KS: Prime Retail Space Available

Overview

Added:
Dec 11, 2024
Days on market:
128
Southwest Plaza, located at 873 S Parker St, Olathe, KS 66061, presents a compelling investment opportunity. This single-story, 96,422 square foot Class B shopping center, built in 1984, sits on a 15-acre lot at the northwest corner of K7 Highway and Dennis Street. The property boasts excellent visibility and high traffic counts due to its strategic location. Currently 95% occupied, Southwest Plaza offers multiple suites, ranging from a minimum of 2,000 square feet to a maximum contiguous space of 3,050 square feet. There are a total of 18 suites within the building. The property features a 10% load factor and currently has 5,100 square feet of vacant space. Ample parking is available with 230 spaces. The property's building floor area ratio (FAR) is 0.4. Property taxes are $2 per square foot. The center is anchored by Dollar Tree, Maj-R Thrift, and Retail Rebel, indicating a strong existing tenant base and a service-based tenancy. This retail center is ideal for businesses seeking high visibility and access to a thriving Olathe, Kansas community.

Highlights

  • Exceptional multi-tenant retail shopping center.
  • NNN lease structure.
  • $14 per square foot rent.
  • $2 per square foot taxes.
  • $2.50 per square foot CAM charges.
  • $0.50 per square foot insurance.

Property Details for 873 Parker St

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
96,422 SF
Class
B
Year Built
1984
Buildings
1
Stories
1

Unit(s) available at that property

Space
909 C
Size
3,050 SF
Rate per SF
$14
Space
911 D
Size
2,050 SF
Rate per SF
$14

Location Insight

City
Olathe
County
Johnson
State
Kansas
Latitude
38.8705121
Longitude
-94.8361854
873 Parker St, Olathe, Kansas

FAQs

What type of property is this?
Lifestyle center - Olathe, KS: Prime Retail Space Available
Where is the lifestyle center located?
The property is located at 873 Parker St Olathe, KS.
What is the lease rate?
The lease rate is $14/SF/YR.
What are key features of this property?
This property features: Exceptional multi-tenant retail shopping center.; NNN lease structure.; $14 per square foot rent.
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873 Parker St
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