14910 119Th St Olathe, KS 66062
- Strip malls
- 16,050 SF
- 1.23 lot acres
Current Use by Public Records
- Blackbob Corners / Shopping Mall
- Sleep Outfitters / Bedding Store / Bedroom Furniture Store
Property Details for 14910 119Th St
- Year built
- 2001
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.23 lot acres
- Property size
- 16,050 SF
- Zone code
- CP-2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- DP55410000 0004
- APU
- DP554100000004
Description
This exceptional investment opportunity presents the Blackbob Corners Shopping Center, a 16,034 square foot retail center located in Olathe, Kansas, at 14910 W 119th St, zip code 66062. Boasting an attractive 7.00% cap rate and an asking price of $4,300,000, this property offers significant potential for investors. The center enjoys a prime location in Johnson County, one of the fastest-growing areas in Greater Kansas City, situated between Olive Garden and Red Lobster restaurants. Its high visibility is ensured by monument signage on 119th Street, a major thoroughfare carrying over 46,000 vehicles daily. The center benefits from its proximity to a substantial retail cluster, including a Super Target, AMC Theatres, Dick's Sporting Goods, Whole Foods, Ross Dress for Less, and PetSmart, representing over one million square feet of retail space. Current tenants include a diverse mix of businesses such as Sleep Outfitters, Leslie's Pool, Pride Cleaners, Drip Energy, and Aoyama Ramen, among others. This well-positioned shopping center presents a rare opportunity to acquire a prime asset in a thriving market. The property's strong tenant base and strategic location make it an ideal investment for discerning buyers seeking high returns and long-term growth potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olathe
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7596
- Latitude
- 38.9134
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA