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1531 S Hamilton Cir
Olathe, KS 66061
Retail Property For Sale
Investment Highlights
- 5,150 SF building on 1.2-acre site with over 60 parking spaces.
- Across from one of the state’s highest-grossing truck stops, ensuring strong traffic flow.
- Offered below market value, creating an attractive acquisition opportunity.
- Located in Johnson County, one of the most desirable markets in the Kansas City metro.
- Walking distance to two hotels, supporting hospitality and dining demand.
Executive Summary
This property offers a 5,150-square-foot former restaurant building situated on 1.2 acres in Olathe, Kansas, within Johnson County. The site provides excellent visibility and accessibility, located across from one of the highest-grossing truck stops in the state and within walking distance of two hotels. The property includes over 60 parking spaces, making it well-suited for high-traffic uses such as restaurants, retail, or service-oriented businesses.
The building is offered at an attractive price point, positioned under market value, and presents a strong opportunity for owner-users or investors seeking a well-located asset in a growing area. The surrounding trade area benefits from strong demographics, with an estimated population of over 145,000 within five miles and average household incomes exceeding $137,000.
With its strategic location near major highways and strong regional traffic drivers, this property is ideal for businesses looking to capitalize on a high-visibility, high-demand corridor in Johnson County.
The building is offered at an attractive price point, positioned under market value, and presents a strong opportunity for owner-users or investors seeking a well-located asset in a growing area. The surrounding trade area benefits from strong demographics, with an estimated population of over 145,000 within five miles and average household incomes exceeding $137,000.
With its strategic location near major highways and strong regional traffic drivers, this property is ideal for businesses looking to capitalize on a high-visibility, high-demand corridor in Johnson County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,150 SF
Building Class
B
Year Built
1997
Price
$1,107,256 CAD
Price Per SF
$215.00 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.20 AC
Zoning
CP-3 - Commercial Planned Zoning
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | DP16710000-0001 | Improvements Assessment | $221,932 CAD |
| Land Assessment | $49,293 CAD | Total Assessment | $271,225 CAD |
Property Taxes
Parcel Number
DP16710000-0001
Land Assessment
$49,293 CAD
Improvements Assessment
$221,932 CAD
Total Assessment
$271,225 CAD
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