8035 Lenexa Dr Overland Park, KS 66214

This exceptional investment opportunity presents a 19,765-square-foot, single-tenant, absolute NNN leased auto shop located at 8035 Lenexa Dr, Overland Park, KS 66214. The property sits on a 2.8-acre lot and includes 104 parking spaces. Currently 100% occupied by B Street Collision, the property boasts a new 15-year lease commencing April 1, 2024, and expiring March 31, 2039, with four, 5-year renewal options. The lease features a 10% rent increase every five years, ensuring consistent income growth. The property's strong financial performance is highlighted by a $381,000 net operating income (NOI) and a 6.35% cap rate. The asking price is $6,000,000, translating to $303.57 per square foot. This investment offers a secure, long-term lease with a financially stable tenant, minimal landlord responsibilities, and significant upside potential in a prime Overland Park location within Johnson County. The tenant, B Street Collision, is an established and reputable operator with a strong track record. The lease is guaranteed by B Street Collision Holdings, LLC. The property's irreplaceable zoning and high barrier to entry further enhance its value and long-term prospects.