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    119th St Olathe, KS 66062

    For Lease
    Contact for pricing

    Prime Olathe location, 7,000 sq ft available.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 7,000 square foot commercial property, situated at the high-traffic intersection of 119th Street and I-35 in Olathe, Kansas, presents a unique investment opportunity. The property is zoned for retail, restaurant, and land use, offering significant flexibility for a variety of businesses. The entire 7,000 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The expansive 2.69-acre lot provides ample room for expansion, additional parking, or outdoor seating, depending on the tenant's needs. Located in Johnson County, this property benefits from a strong local economy and excellent visibility due to its strategic location near I-35, a major transportation artery. The property's multiple tenancy potential allows for diverse business models and increased revenue streams. This is an ideal opportunity for businesses seeking a high-visibility location with significant space and development potential in a thriving Kansas community. The zip code is 66062. The property is available for lease.

    Property Features for 119th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    7,000 SF

    HighLights

    • 7,000 SF Restaurant/Retail Space Available
    • High‑traffic super regional location
    • Anchored by a top‑performing AMC Theatre with over 1 million annual visitors
    • 153,000 vehicles per day at the 119th Street and I‑35 intersection
    • 149,133 employees within a 5‑mile radius
    • $137,349 average household income within a 5‑mile radius
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Olathe
    County
    Johnson
    State
    Kansas
    Longitude
    -94.799657
    Latitude
    38.8683755

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    FAQs

    What type of property is this?
    Restaurant - Prime Olathe location, 7,000 sq ft available.
    Where is this restaurant located?
    The property is located at 119th St Olathe, KS.
    What are key features of this property?
    This property features: 7,000 SF Restaurant/Retail Space Available; High-traffic super regional location; Anchored by a top-performing AMC Theatre with over 1 million annual visitors
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    Olathe, KS 66062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119th St Olathe, KS 66062
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