9101 Metcalf Ave Overland Park, KS 66212

Glenwood Commons, a 16,063 square foot shopping center in Overland Park, Kansas, presents a compelling investment opportunity. This single-story, 2015-built property sits on a 1.41-acre lot at 9101 Metcalf Ave, zip code 66212, and boasts a 100% occupancy rate with eight tenants. The property operates under a triple-net (NNN) lease structure, offering a stabilized investment with a strong net operating income (NOI) of $376,080 and a 6.50% cap rate. The asking price is $5,790,000, translating to $361.06 per square foot. Conveniently located in the revitalized Metcalf Corridor, between Downtown Overland Park and I-435 and Metcalf, this center benefits from significant recent area improvements totaling over $769.5 million. The property features ample parking with a ratio of 5.5 spaces per 1,000 square feet. This multi-tenant retail center is anchored by a mix of successful national and regional businesses, ensuring a stable and attractive investment profile. The ground lease is in place.