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Property profile & analytics
FOR SALE
Retail space

4016 W 95Th St Overland Park, KS 66207

14,822 SF 1.49 ac lot Built 2009
Entity Owned Free & Clear
Property ID
US33-0973831
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple Walgreens pharmacy located at 4016 W 95th St, Prairie Village, KS 66207. The property boasts a substantial 14,820 square feet on a 69,904 square foot lot, zoned C-3. Built in 2009, this single-building property features a drive-thru and benefits from a long-term, 25-year net lease (NNN) with Walgreens, commencing January 1, 2010, and expiring December 31, 2034. With over 10 years remaining on the lease, this investment offers exceptional stability and predictable cash flow. The current asking price is $6,992,986, representing a price per square foot of $471.86 and a compelling 7.50% cap rate based on a current NOI of $524,474. The property enjoys 100% occupancy since its opening date of January 1, 2010. Situated in an affluent area of Prairie Village, Kansas, with an average household income of $152,586, this Walgreens benefits from high traffic volume and a strong demographic profile. The property is a single-tenant, NNN lease, minimizing landlord responsibilities and maximizing passive income potential. This is a rare opportunity to acquire a high-performing, net-leased Walgreens in a prime location with significant remaining lease term.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2009
Construction FRAME
Total area 14,822 SF
Lot 1.49 ac (64,904 SF)
Zoning code C1
APN OP36500000 0001
UPID US33-0973831
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.43M
Blend (final) Blend
$1.62M
Owner & transaction history
RLM PRAIRIE VILLAGE LLC
RLM PRAIRIE VILLAGE LLC
Zoning & alternative use
C1 · Prairie Village, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Code of Ordinances
Top alternative use upside
Restaurant $2.6M +159.8%
Office building $1.9M +90.7%
Apartment house (5+ units) $1.4M +42.5%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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