Two-Story Retail and Office
For Sale
Contact for pricing
9029 Metcalf Ave, Overland Park, KS 66212
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 Market190
Property Features for 9029 Metcalf Ave
General Information
Standard status
Active
Size
16,148 SF
Class
B
Lot size
1.38 Acres
Property subtype
Office, Retail
Zoning
CP-2
Occupancy
100%
Lease Type
NNN
Additional Details
Road Access
Yes
Building Details
Year Built
1979
Buildings
1
Stories
2
Units
1
Tenancy
Single
Listing Agency:
Haith & Company Realtors
Listed By:
Josh Haith · License #2011012354
(913) 888-3456
Source:
Crexi
Added: Apr 15
Changed: Oct 15
Last Checked: Oct 19 at 5:14AM
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 & Company Realtors
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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,736
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,094,720
$4.1M
Cap Rate 7%
$2,924,800
$2.9M
Cap Rate 9%
$2,274,844
$2.3M
Market Conditions
NOI Build-Up for 16,148 SF
Gross rent
$339.1K $21.00/SF
− Vacancy
−$66.1K −$4.10/SF
EGI
$273.0K $16.90/SF
− OpEx
−$68.2K −$4.23/SF
NOI
$204.7K $12.68/SF
Area
Overland Park, KS
Vacancy
19.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,094,720
Cap Rate 7%
$2,924,800
Cap Rate 9%
$2,274,844
Alternative Uses
Best Use
Office B
$2.92M
$2.56M – $3.41M
NOI $204,736 @ 7.0% cap · market cap 8.19%
Second Best
Retail
$2.69M
$2.35M – $3.14M
NOI $188,205 @ 7.0% cap · market cap 7.53%
Theoretical Best
Office A
$4.16M
$3.64M – $4.85M
NOI $291,245 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
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
