Property summary
This exceptional investment opportunity presents a brand-new, 2,132 square foot Taco Bell restaurant operating under a 20-year net lease, commencing November 1, 2024, and expiring November 30, 2044. Located at 14189 W 135th St, Olathe, Kansas 66062, this property boasts a strong 5.20% cap rate and a current NOI of $165,000. The tenant, a well-established franchisee, is experiencing significant growth and has demonstrated a proven track record. The lease includes 8% rent bumps every five… years, ensuring consistent income growth. The property is strategically situated within a Menard's-anchored shopping center, benefiting from high traffic counts exceeding 24,000 cars per day. This prime location is further enhanced by its proximity to other popular establishments, including Whataburger, Dutch Bros, Andy's Frozen Custard, Mazuma Credit Union, a Walmart Supercenter, Academy Sports, and Hobby Lobby. The surrounding area demonstrates strong demographics, with over 200,000 residents within a 5-mile radius and an average household income exceeding $141,000. The property is also conveniently located one mile from East Olathe High School, serving a student population of 2,100. This is a rare opportunity to acquire a high-quality, income-producing asset in a thriving retail corridor with a long-term, secure lease. The asking price is $3,173,000. The property was renovated in 2024. The lease includes four to five-year options.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 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
18 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 $99/month
- GBA
- 2,127 SF
- Lot area
- 1.03 ac
- Year built
- 2018
- Stories
- 1
- APN
- DP44730000 0002A
- Assessed value · 2023
- $266,751
- Annual tax · 2023
- $31,214
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
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- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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