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Caribou Coffee Shop
New
For Sale
$2,030,769

18459 W 158th Pl, Olathe, KS 66062

A newly built location is subject to a 12-year corporate lease.

Property Size605 SF
Price / SF$3,356
Days on Market5

Property Features for 18459 W 158th Pl

General Information

Standard status Active
Size 605 SF
Property subtype Restaurant
Lease Type NNN

Additional Details

Cap Rate 6.5%
Tenant in Place Yes

Amenities

Newly constructed Caribou Coffee "Cabin" prototype
Tenant showed extended commitment to the site by signing a 12-year lease
Corporate lease with 10% increases every five years
Affluent neighborhood with a median income of $123,257

Building Details

Building Size 605 SF
Listing Agency: Marcus & Millichap | St. Louis
Listed By: Dave Saverin · License #License(s) KS: 00249685
Source: Marcusmillichap
Added: Nov 1 Changed: Nov 4 Last Checked: Nov 4 at 9:34AM

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 Marcus & Millichap | St. Louis

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This newly constructed Caribou Coffee property is subject to a corporate lease with a 12-year term. The site is near Country Kids Day Care and Primrose School, with additional retail planned for the corner.

Key Highlights

  • Newly constructed Caribou Coffee property
  • 12‑year corporate lease
  • Near Country Kids Day Care and Primrose School

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Restaurant

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

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby
Under-served
Demand for This Use

Demographics for 66062, KS

77,553
Population
29,350
Households
2.6
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
42.1 sq mi
ZIP Area
1,842
Density / Sq Mi
$116,248
Median Household Income
$55,718
Median Earnings
$1,349
Median Rent
$342,700
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

Frequently Asked Questions

What type of property is this?
Coffee shop - A newly built location is subject to a 12-year corporate lease.
Where is this coffee shop located?
The property is located at 18459 W 158th Pl Olathe, KS.
What is the asking price?
The asking price for this property is $2,030,769.
What are key features of this property?
This property features: Newly constructed Caribou Coffee property; 12‑year corporate lease; Near Country Kids Day Care and Primrose School
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