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Brand New Coffee Shop NNN
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15883 Metcalf Ave, Overland Park, KS 66223

Brand new coffee shop on an absolute NNN lease with a 15-year term and scheduled 10% rent bumps every five years.

Property Size664 SF
Lot Size0.40 Acres
Days on Market123

Property Features for 15883 Metcalf Ave

General Information

Standard status Active
Size 664 SF
Lot size 0.40 Acres
Property subtype Retail

Additional Details

Cap Rate 5%

Building Details

Tenancy Single
Listing Agency: First Street Brokerage
Listed By: Jeff Christian · License #CA 01461046
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First Street Brokerage

Investment Insights

Based on property information with market context.

A brand new Scooter’s Coffee property (664 SF) offered on an absolute NNN basis, situated on a 0.4-acre ground-lease outparcel. The lease is structured with a 15-year term and includes 10% rent bumps every five years.

Located in Overland Park, Kansas (15883 Metcalf Ave), the property is described as an outparcel to Walmart and Aldi. The offering notes an NOI of $53,052 and a 5% cap rate, with pricing provided at $1,061,040.

The lease is supported by a guarantor, Freedom Enterprises (57 units), as noted in the remarks.

Key Highlights

  • Brand new Scooter’s Coffee ground lease coffee shop at 15581 Metcalf Ave, Overland Park, KS
  • 15‑year lease on an absolute NNN structure with NOI of $53,052 and price of $1,061,040
  • Cap rate listed as 5% with scheduled 10% rent bumps every 5 years

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Restaurant Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby
122k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Dining 47%
QuikTrip Shops & Services
49,434 visits/mo 0.5 miles
Starbucks Dining
12,958 visits/mo 0.3 miles
7 Brew Coffee Dining
10,169 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
9,070 visits/mo 0.4 miles
First Watch Dining
8,630 visits/mo 0.3 miles

Demographics for 66223, KS

24,843
Population
10,626
Households
2.3
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
6.2 sq mi
ZIP Area
4,007
Density / Sq Mi
$113,707
Median Household Income
$70,290
Median Earnings
$1,697
Median Rent
$402,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Brew Haha Coffeehouse 15275 metcalf ave, overland park, ks 66223
  • Scooter's Coffee 15885 Metcalf Ave, Overland Park, KS 66223
  • Cookie Co. - Overland Park 7765 W 159th St, Overland Park, KS 66223

Frequently Asked Questions

What type of property is this?
Coffee shop - Brand new coffee shop on an absolute NNN lease with a 15-year term and scheduled 10% rent bumps every five years.
Where is this coffee shop located?
The property is located at 15883 Metcalf Ave Overland Park, KS.
What are key features of this property?
This property features: Brand new Scooter’s Coffee ground lease coffee shop at 15581 Metcalf Ave, Overland Park, KS; 15‑year lease on an absolute NNN structure with NOI of $53,052 and price of $1,061,040; Cap rate listed as 5% with scheduled 10% rent bumps every 5 years
More about this property
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