600 Santa Fe St Olathe, KS 66061-3722
- Strip malls
- 12,865 SF
- 0.64 lot acres
Jun 03, 2021
Current Use by Public Records
- Elite Employment Group Inc / Employment Agency
- Doubletree Shopping Center / Shopping Mall
- Alliance Home Health Inc. / Home Health Care Service
- Bitcoin ATM Olathe - Coinhub / Atm / Currency Exchange Service
- RAINBOW SMOKE SHOP / Tobacco Shop
Property Details for 600 Santa Fe St
- Year built
- 1969
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.64 lot acres
- Property size
- 12,865 SF
- Zone code
- C3
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- DP32000001 0001
- APU
- DP320000010001
Description
Double Tree Shopping Center, located at 600 E Santa Fe St, Olathe, KS 66061, presents a compelling investment opportunity in a prime retail location. This single-story, 12,865 square foot building features six suites, with a total of 2,000 square feet currently vacant, offering immediate potential for lease income. The minimum divisible space is 1,000 square feet, with a maximum contiguous space of 2,000 square feet, ideal for a variety of retail or office tenants. The property boasts high visibility at the corner of Santa Fe and N Buchanan St, benefiting from significant traffic flow. The building features an 18-inch ceiling height. The property is zoned for retail use and is situated within the Olathe, KS submarket. Leasing terms are NNN, with annual rent ranging from $12 to $14 per square foot, taxes at $2.50 per square foot, CAM charges of $2.00 per square foot, and insurance costs of $0.50 per square foot. This well-positioned property offers a strong return on investment for savvy commercial investors seeking a multi-tenant retail or office space in a thriving Kansas market.
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
- -94.8069
- Latitude
- 38.884
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA