8937 95th St Overland Park, KS 66212-4053
- Drive through restaurants
- 1,424 SF
- 0.51 lot acres
Current Use by Public Records
- Jimmy John's / Fast Food Restaurant / Delivery Restaurant
Property Details for 8937 95th St
- Year built
- 1964
- Lot size
- 0.51 lot acres
- Property size
- 1,424 SF
- Property type
- Drive through restaurants
- APN
- NP09820000 0003
- APU
- NP098200000003
Description
This exceptional investment opportunity presents a 1,429 square foot Jimmy John's restaurant in Overland Park, Kansas, situated on a 0.51-acre lot. The property boasts a strong 10.5-year remaining lease term (with two 5-year options), a 5.50% cap rate, and a current NOI of $52,159. The lease is a Net Lease (NNN) with 10% rent increases every five years, minimizing landlord responsibilities. Located at 8937 W 95th St, Overland Park, KS 66212, this single-tenant building benefits from high visibility on a street with 25,400 vehicles per day and proximity to major retailers like Walmart, Home Depot, and Oak Park Mall. The property's strong location within a high-income area (average household income $127,071) and the national brand recognition of Jimmy John's make this a compelling investment prospect. The asking price is $948,336, representing a price per square foot of $663.64. The lease commenced June 1, 2010, and expires May 31, 2035. The property's APN is NP09820000 0003. This offering provides a secure, passive income stream with built-in rent growth.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $380,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Overland Park
- County
- Johnson
- State
- Kansas
- Longitude
- -94.6899
- Latitude
- 38.9563
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
