9301-9331 Quivira RdOverland Park, KS 66215

Property Details for 9301-9331 Quivira Rd

Lot size

6.01 AC

Property size (Sq ft)

65,216 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional 65,216-square-foot shopping center in Overland Park, Kansas, presents a compelling investment opportunity. Located at 9301-9331 S Quivira Rd, 66215, this property boasts a 100% occupancy rate with two prominent tenants: Best Buy, occupying 72% of the building, and Planet Fitness, occupying 28%. Both tenants are on triple-net (NNN) leases, minimizing ownership responsibilities. The property sits on a 6.01-acre lot and enjoys excellent visibility and signage on Quivira Road, a high-traffic area. Its strategic location across from Oak Park Mall, the largest mall in the Kansas City metro area, ensures high foot traffic and brand recognition. The strong tenant mix, consisting of dominant market leaders in their respective retail categories, provides stability and predictable income. Both Best Buy and Planet Fitness are backed by publicly traded companies, offering excellent public market capitalization and potential for future lease extensions with built-in rent increases. The purchase price reflects current in-place rents, and the property benefits from its position in a thriving retail corridor alongside major national retailers such as Target, Nordstrom, Macy's, TJ Maxx, HomeGoods, Michaels, Sam's Club, and Nordstrom Rack. This investment-grade retail property offers a 6.00% cap rate and presents a rare opportunity to acquire a well-positioned, high-performing asset in a prime Kansas City location.

Location Insight

City

Overland Park

County

Johnson

State

Kansas

Latitude

38.9592

Longitude

-94.7233

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