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12020 Metcalf Ave Overland Park, KS 66213

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For Sale
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Retail space with lease extension in prime Kansas City location.

Lot size:
0.75 Acres

Property Features for 12020 Metcalf Ave

General Information

Lot size
0.75 Acres

Building Details

Year built
1999

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Listing Contact
John Andreini
John Andreini
Source: Cppcre

Listing Agent: John Andreini

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Retail Space Near Whole Foods

This retail space is located in a prominent Kansas City intersection, anchored by a Whole Foods Market that ranks in the top 10% of grocery stores in Kansas based on annual visits. The property features a recently signed 5-year lease extension with Golf Galaxy, including three additional 5-year extension options. The first option includes a 15% rental increase, while the second and third options each feature a 5% increase. The tenant is currently paying $12.25 per square foot, while other tenants in the same center have recently executed leases at rates between $17.50 and $24.50 per square foot. The lease is guaranteed by Dick's Sporting Goods, Inc., the parent company of Golf Galaxy. Dick's Sporting Goods operates over 850 locations, with an additional 100+ Golf Galaxy locations nationwide. Dick's 2024 revenue totaled $13.44 billion, a 3.5% increase over the previous year. The surrounding area features affluent residential demographics, with average household incomes of $151,000 within a 3-mile radius. Proximal tenants driving traffic to the direct trade area include Target, Costco, Walmart, and Best Buy.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Golf Galaxy Golf Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Overland Park
County
Johnson
State
Kansas
Longitude
-94.669496
Latitude
38.909787

FAQs

What type of property is this?
Retail space - Retail space with lease extension in prime Kansas City location.
Where is this retail space located?
The property is located at 12020 Metcalf Ave Overland Park, KS.
What are key features of this property?
This property features: - Lease guaranteed by Dick's Sporting Goods, Inc., a major national retailer.; - Brand-new 5-year lease extension with built-in rental increases (15% in the first option period, 5% in the second and third).; - Located in Kansas City's top intersection, anchored by a high-performing Whole Foods.
More about this property
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