Freestanding Storefront
For Sale
Contact for pricing
5695-5701 W 95th Street, Overland Park, KS 66207
Flexible commercial building suited to office or retail occupancy with a newly installed grease trap.
Property Size4,620 SF
Price / SF$270.56
Days on Market8
Property Features for 5695-5701 W 95th Street
General Information
Standard status
Active
Size
4,620 SF
Property subtype
Retail
Investment Type
Owner/User
Additional Details
Traffic Count
37,000 vehicles/day
Building Details
Buildings
1
Listing Agency:
Block & Company Inc
Listed By:
Marshal Blount · License #MO
Source:
Crexi
Added: Aug 12
Changed: Aug 18
Last Checked: Aug 19 at 6:07PM
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 Block & Company Inc
Investment Insights
Based on property information with market context.
This freestanding storefront property supports office or retail use and includes a new 1,500-gallon grease trap. The building is located at 5695–5701 W. 95th Street in Overland Park, Kansas, along the 95th Street corridor. Its intersection carries more than 37,000 cars per day, providing a measurable traffic profile for commercial users. The property is positioned within an active development corridor and offers a standalone building format for a range of business applications supported by the existing improvements.
Key Highlights
- Freestanding retail building at 5695–5701 W. 95th Street
- Office or retail use flexibility
- New 1,500‑gallon grease trap
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,846
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,076,920
$1.1M
Cap Rate 7%
$769,229
$769.2K
Cap Rate 9%
$598,289
$598.3K
Market Conditions
NOI Build-Up for 4,620 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$83.2K $18.00/SF
− Vacancy
−$6.2K −$1.35/SF
EGI
$76.9K $16.65/SF
− OpEx
−$23.1K −$5.00/SF
NOI
$53.8K $11.66/SF
Area
Overland Park, KS
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,076,920
Cap Rate 7%
$769,229
Cap Rate 9%
$598,289
Alternative Uses
Best Use
Retail
$769.2K
$673.1K – $897.4K
NOI $53,846 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,326 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
37,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Shops & Services 28%
Groceries 24%
Dining 19%
Savers Thrift Store
Apparel
23,317 visits/mo
0.3 miles
Sprouts Farmers Market
Groceries
19,544 visits/mo
0.3 miles
Half Price Books
Shops & Services
10,414 visits/mo
0.3 miles
The Big Biscuit
Dining
6,375 visits/mo
0.3 miles
Shell
Shops & Services
5,636 visits/mo
0.3 miles
Demographics for 66207, KS
14,519
Population
6,455
Households
2.2
Avg Household Size
43
Median Age
70%
College-Educated
99%
High-School Grad
4.6 sq mi
ZIP Area
3,156
Density / Sq Mi
$121,381
Median Household Income
$63,345
Median Earnings
$1,880
Median Rent
$400,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial building suited to office or retail occupancy with a newly installed grease trap.
Where is this storefront property located?
The property is located at 5695-5701 W 95th Street Overland Park, KS.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Freestanding retail building at 5695–5701 W. 95th Street; Office or retail use flexibility; New 1,500‑gallon grease trap
