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Absolute NNN Retail Lease
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9535 Metcalf Ave, Overland Park, KS 66212

Single-tenant Andy’s Frozen Custard lease with absolute NNN structure and scheduled rent increase.

Property SizeContact for details
Days on Market122

Property Features for 9535 Metcalf Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Jack Kulick · License #C02126798
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:59AM

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 Matthews

Investment Insights

Based on property information with market context.

The Matthews™ presents this single-tenant Andy’s Frozen Custard retail property with an absolute NNN lease. The listing states the tenant operates over 100 locations across 14 states, and the lease is backed by Dana & Anthony Kuntz, CEO’s of Andy’s Frozen Custard. The remarks also note an upcoming rent increase.

Located at 9535 Metcalf Ave in Overland Park, Kansas (Kansas City MSA), the property is described as being in a high-growth retail corridor adjacent to retailers and restaurants including Lowe’s Home Improvement, Chick-fil-A, Whataburger, Bank of America, Taco Bell, Texas Roadhouse, The Home Depot, Red Lobster, and others.

The absolute NNN lease includes a rent increase due soon, with the remarks projecting a cap rate of 7.56% in less than a year.

Key Highlights

  • Single‑tenant Andy’s Frozen Custard lease with an absolute NNN structure.
  • Lease includes a scheduled rent increase in less than a year, projecting a cap rate of 7.56%.
  • Tenant operates more than 100 locations across 14 states.

Property Analytics

Current Use

Andy's Frozen Custard Bakery

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Auto Repair Shop Auto Parts Store

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

836
Businesses Nearby
266k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Home Improvements & Furnishings 26% Shops & Services 21%
QuikTrip Shops & Services
42,029 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
40,295 visits/mo 0.2 miles
Texas Roadhouse Dining
37,588 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
28,307 visits/mo 0.1 miles
Chick-fil-A Dining
26,229 visits/mo 0.1 miles

Demographics for 66212, KS

32,971
Population
15,217
Households
2.2
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
7.6 sq mi
ZIP Area
4,338
Density / Sq Mi
$83,294
Median Household Income
$50,321
Median Earnings
$1,244
Median Rent
$283,900
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
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant Andy’s Frozen Custard lease with absolute NNN structure and scheduled rent increase.
Where is this nnn property located?
The property is located at 9535 Metcalf Ave Overland Park, KS.
What are key features of this property?
This property features: Single‑tenant Andy’s Frozen Custard lease with an absolute NNN structure.; Lease includes a scheduled rent increase in less than a year, projecting a cap rate of 7.56%.; Tenant operates more than 100 locations across 14 states.
More about this property
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