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95 Metcalf Retail Portfolio 5 Retail Properties in Overland Park, KS
INVESTMENT HIGHLIGHTS
- 5.4 Year WALT
- 275,000+ annual visits to Sickie’s Garage (Placer.AI)
- $130k average household income in a 5-mile radius
- 100% Leased to 9 tenants
- 2.9% vacancy rate for small shop retail in Johnson County
- Ample parking with over 12 parking spaces per 1,000 SF
EXECUTIVE SUMMARY
Call For Offers: September 10th
Newmark Zimmer Midwest Capital Markets is pleased to present the opportunity to acquire the 95 Metcalf Retail Portfolio (The “Portfolio”) located at 9530 Metcalf Avenue, Overland Park, Kansas. The Property is 100% leased and features a WALT of 5.4 years across nine tenants, providing stable in-place income with near-term upside potential through increasing rents to market. Tenants include Sickie’s Garage Burger & Brews, Berry’s Golf & Groove, Calibration Physical Therapy, Topsy’s, and Kiwami Ramen & Sushi.
Strategically located within a thriving retail corridor, the Portfolio benefits from over $580 million in new developments in a 3-mile radius. Nearby development includes Meadowbrook Park, Shamrock Trading Corporations two new office towers spanning 630,000 SF, and high-profile retail tenants such as Lowes’, Whataburger, Chick-fil-A, Swig, Arvest Bank, Texas Roadhouse and Dutch Bros. Nearby Class-A multifamily development includes Novel Place Senior Living (134 units), Metcalf South Apartments (303 units), and Promontory (441 units).
Newmark Zimmer Midwest Capital Markets is pleased to present the opportunity to acquire the 95 Metcalf Retail Portfolio (The “Portfolio”) located at 9530 Metcalf Avenue, Overland Park, Kansas. The Property is 100% leased and features a WALT of 5.4 years across nine tenants, providing stable in-place income with near-term upside potential through increasing rents to market. Tenants include Sickie’s Garage Burger & Brews, Berry’s Golf & Groove, Calibration Physical Therapy, Topsy’s, and Kiwami Ramen & Sushi.
Strategically located within a thriving retail corridor, the Portfolio benefits from over $580 million in new developments in a 3-mile radius. Nearby development includes Meadowbrook Park, Shamrock Trading Corporations two new office towers spanning 630,000 SF, and high-profile retail tenants such as Lowes’, Whataburger, Chick-fil-A, Swig, Arvest Bank, Texas Roadhouse and Dutch Bros. Nearby Class-A multifamily development includes Novel Place Senior Living (134 units), Metcalf South Apartments (303 units), and Promontory (441 units).
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 25,035 SF |
| Number of Properties | 5 | Total Land Area | 54.74 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 25,035 SF |
| Total Land Area | 54.74 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 7301-7319 W 95th St, Overland Park, KS 66212 | Retail | 9,844 SF | 1984 | - |
|
Sickies Garage
7111 W 95th St, Overland Park, KS 66212 |
Retail | 7,791 SF | 1984 | - |
| 9530-9534 Metcalf Ave, Overland Park, KS 66212 | Retail | 5,500 SF | 1984 | - |
| 7105 W 95th St, Overland Park, KS 66212 | Retail | 1,000 SF | 1984 | - |
| 7175 W 95th St, Overland Park, KS 66212 | Retail | 900 SF | 1986 | - |
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CONTACTS
-
Michael VanBuskirk SIOR, CCIM,CRE -
Christopher Robertson, CCIM -
Raegen Kersey -
Newmark Zimmer
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95 Metcalf Retail Portfolio
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