9200 Santa Fe DrOverland Park, KS 66212
- Automotive properties
- 3,200 SF
Property Details for 9200 Santa Fe Dr
- Year built
- 1989
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.73 AC
- Property size (Sq ft)
- 3,200 SF
- Zone code
- C2
- Property type
- Automotive properties
- APN
- NP18200015 0005
- APU
- NP182000150005
Description
This exceptional retail opportunity presents 1,000 square feet of vacant space within a 3,200-square-foot building situated at 9200 Santa Fe Drive in Overland Park, Kansas. The property, built in 1989, is classified as Class B and features a convenient storefront design ideal for a variety of retail or restaurant uses. The building sits on a 0.73-acre lot and benefits from excellent street visibility and high traffic counts, exceeding 31,000 cars per day. Ample parking is available, ensuring easy access for customers and employees. The space is currently available for lease and will be delivered as a "white box" space, ready for tenant build-out approximately 4-6 weeks after lease execution. Lease terms are $18 per square foot, plus approximately $8 per square foot in NNN expenses. The property is zoned CP2 and enjoys a strategic location within the Overland Park submarket of the Kansas City Metro area, boasting a population exceeding 100,000 within a 3-mile radius, with average household incomes surpassing $100,000. This location shares the building with a Class A national tenant, providing an established and reputable presence. The property offers easy ingress and egress, making it highly accessible for both customers and employees. This is a rare opportunity to establish a business in a thriving area with strong demographics and excellent visibility.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $921,802
- 6.5%
- $850,894
- 7%
- $790,116
-
Comparable approach
- Method
- Valuation
- Relative Method
- $576,818
- Geo Method
- $576,818
-
Alternative Use
- Use
- Valuation
- Residential
- $717,761
- Hospitality
- $657,465
- Educational
- $547,003
- Medical
- $565,816
- Retail
- $850,894
Location Insight
- City
- Overland Park
- County
- Johnson
- State
- Kansas
- Latitude
- 38.9715
- Longitude
- -94.6925
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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