Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant Dutch Bros Coffee property in Olathe, Kansas. Built in 2023, the 950-square-foot building sits on a 0.84-acre lot and boasts a new 15-year absolute NNN lease with a corporate guarantee from Dutch Bros Coffee. The lease commenced May 24, 2023, and includes 10% rent bumps every five years, along with three five-year renewal options. The property enjoys a 100% occupancy rate, generating a strong net operating income… (NOI) of $119,000 and a 5.30% cap rate. The asking price is $2,245,283, translating to a price per square foot of $2,363.46. Located at 11220 S Lone Elm Rd, Olathe, KS 66061, this strategically positioned property benefits from high traffic counts due to its proximity to major thoroughfares, K-State University Campus, Kansas Bioscience Park, and numerous schools, making it an ideal investment for long-term growth and stability. The surrounding area features a high average household income of $155,000 within a one-mile radius and is characterized by a strong presence of educational institutions and residential developments. This property offers a compelling combination of a robust tenant, a favorable lease structure, and a location within a thriving and rapidly expanding community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 958 SF
- Lot area
- 0.84 ac
- Year built
- 2022
- Stories
- 1
- APN
- DP69650000 0041B
- Assessed value · 2023
- $115,766
- Annual tax · 2023
- $13,575
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- Local Market trends
- Zoning Insight
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- Local Market trends
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- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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