873 Parker St Olathe, KS 66061
- Community centers
- 0.36 lot acres
Current Use by Public Records
- Retail Rebel - Olathe / Wholesaler / Electronics Store
- Southwest Plaza, Olathe, KS / Shopping Mall
- Auto Insurance Quotes / Commercial Agent
Property Details for 873 Parker St
- Lot size
- 0.36 lot acres
- Zone code
- C3
- Property type
- Community centers
- APN
- DP70900000 0018
- APU
- DP709000000018
Description
Southwest Plaza, located at 873 S Parker St, Olathe, KS 66061, presents a compelling investment opportunity. This single-story, 96,422 square foot Class B shopping center, built in 1984, sits on a 15-acre lot at the northwest corner of K7 Highway and Dennis Street. The property boasts excellent visibility and high traffic counts due to its strategic location. Currently 95% occupied, Southwest Plaza offers multiple suites, ranging from a minimum of 2,000 square feet to a maximum contiguous space of 3,050 square feet. There are a total of 18 suites within the building. The property features a 10% load factor and currently has 5,100 square feet of vacant space. Ample parking is available with 230 spaces. The property's building floor area ratio (FAR) is 0.4. Property taxes are $2 per square foot. The center is anchored by Dollar Tree, Maj-R Thrift, and Retail Rebel, indicating a strong existing tenant base and a service-based tenancy. This retail center is ideal for businesses seeking high visibility and access to a thriving Olathe, Kansas community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.8361
- Latitude
- 38.8717
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
