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Two-Story Retail and Office Building

9029 Metcalf Ave Overland Park, KS 66212

9029 Metcalf Ave, Overland Park, KS, 66212
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For Sale
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Two-floor retail/office building with grade-level space and corner access at a shopping center pad site.

Property Size16,148 SF
Lot Size1.38 Acres
Price / SF$154.82
Days on Market93

Property Features for 9029 Metcalf Ave

General Information

Standard status
Active
Size
16,148 SF
Lot size
1.38 Acres
Property subtype
RETAIL
Listing agency Haith and Company, Inc.
Listed by David Smart
Source Moodyscre
Added: Apr 21 Updated: Jul 21 at 6:59PM Checked: Jul 21 at 6:59PM

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 Haith and Company, Inc.


Investment Insights

Based on property information with market context.

The property is a two-story retail/office building totaling 16,148 SF, with 8,147 SF available at grade. It sits on a 1.38-acre lot and is part of a 60,148 SF pad site.

Located at a corner entrance of Promontory Shopping Center, the building offers 139 feet of Metcalf frontage. Parking is available in a front lot and rear lot, providing 40+ spaces for customers and visitors.

The layout supports both retail and office uses across the two floors, while the grade-level footprint provides convenient street and shopping-center access.

Key Highlights

  • 16,148 SF two‑floor retail/office building with 8,147 SF at grade level
  • 1.38‑acre lot with a 60,148 SF pad site
  • 139' of Metcalf frontage at a corner entrance of Promontory Shopping Center

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $339.1k $21.00
− Vacancy −$66.1k −$4.10
EGI $273.0k $16.90
− OpEx −$68.2k −$4.23
NOI $204.7k $12.68
16,148 SF · lease $21.00/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.92M
$2.56M – $3.41M (±1% cap)
NOI $204,736 @ 7.0% cap · market cap 8.19%
Second Best
Retail
$2.69M
$2.35M – $3.14M (±1% cap)
NOI $188,205 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$4.16M
$3.64M – $4.85M (±1% cap)
NOI $291,245 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Alaskan Fur Shopping Center & Mall Promontory Shopping Center Business Service Center

Suggested Use

Real Estate Agency Dental Office Big Box & Wholesale Store Building Supply Auto Repair Shop Restaurant Auto Parts Store Pharmacy Hotel & Motel Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Retail space - Two-floor retail/office building with grade-level space and corner access at a shopping center pad site.
Where is this retail space located?
The property is located at 9029 Metcalf Ave Overland Park, KS.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 16,148 SF two‑floor retail/office building with 8,147 SF at grade level; 1.38‑acre lot with a 60,148 SF pad site; 139' of Metcalf frontage at a corner entrance of Promontory Shopping Center
Contact an agent
(913) 219-0052 Call to check price and availability
More about this property
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