Retail Space
1075 West Santa Fe Street Olathe, KS 66061
Details & Description
Price: $9,531,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: BBB), corporate guaranteed, CVS Pharmacy investment property located in Olathe, KS (Kansas City MSA). The tenant has nearly 15 years remaining in their initial term with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is corporate guaranteed by CVS Health Corporation (S&P: BBB) and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. CVS is the largest pharmacy chain in the United States with more than 9,900 stores across 49 states, the District of Columbia, and Puerto Rico.
    Listing Agents
    John Redfield

    O: 949-698-1113
    john.redfield@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1075 West Santa Fe Street

    Olathe, KS 66061

    Listing ID: 256299
    1075 West Santa Fe Street Olathe, KS 66061 | for Sale | Photo 1
    Building Size: 13,225 SF
    Lot Size: 2.000 AC
    Land Size: 87,120 SF
    Building $/SF: $720.68
    Land $/SF: $109.40
    Price
    $9,531,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: BBB), corporate guaranteed, CVS Pharmacy investment property located in Olathe, KS (Kansas City MSA). The tenant has nearly 15 years remaining in their initial term with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is corporate guaranteed by CVS Health Corporation (S&P: BBB) and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. CVS is the largest pharmacy chain in the United States with more than 9,900 stores across 49 states, the District of Columbia, and Puerto Rico.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Olathe History of Retail Space for Sale

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    Olathe Area Market Trends

    Listing Demographics for 1075 West Santa Fe Street Olathe, KS 66061

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,28360,454135,194
    Population Median Age343535
    Population by Age0-9 Yrs2173 (17%)9237 (15%)20532 (15%)
    10-19 Yrs1629 (13%)9373 (15%)21378 (15%)
    20-29 Yrs1749 (14%)7347 (12%)15288 (11%)
    30-39 Yrs2017 (16%)9370 (15%)20438 (15%)
    40-49 Yrs1468 (11%)9157 (15%)20573 (15%)
    50-59 Yrs1189 (9%)6493 (10%)16330 (12%)
    60-69 Yrs1216 (9%)5416 (8%)11945 (8%)
    70+ Yrs842 (6%)4060 (6%)8710 (6%)
    Median HH Income$56,410$76,107$91,081
    Total Household Income< 24K895 (21%)2750 (12%)4211 (8%)
    25-49K1048 (24%)4128 (19%)7348 (15%)
    50-74K644 (15%)3577 (16%)7191 (15%)
    75-99K645 (15%)3458 (16%)7304 (15%)
    100-199K918 (21%)6262 (29%)17179 (36%)
    200K+111 (2%)1041 (4%)3664 (7%)
    Highest Education LevelNo Diploma129636525536
    Diploma or GED1878775814033
    Some College1542807016987
    Assoc. Degree78834546984
    Bachelors Degree1418991127431
    Higher Degree566523514687
    Total Housing Units4,49422,01148,488
    --Owner-Occupied2,20513,69033,942
    --Renter-Occupied2,0567,52712,954
    Owner-Occupied Values< 100K2389811602
    100-199K129654619952
    200-299K447451813308
    300-399K6416075554
    400-499K957532385
    500K+653701142
    Total Working Age Population9,06145,139101,169
    In Work Force6,48533,52275,676
    Not In Work Force2,57711,61725,492
    Workforce Employed6,25032,20973,275
    Workforce Unemployed2351,1922,228
    Civlian Workforce6,48533,40175,503
    Military Workforce0121174
    Total Households4,26121,21746,896
    Family Households2,92615,26935,282
    Non-Family Households1,3355,94811,613
    Married Couple2,04511,62828,450
    Other Family8803,6416,832
    Married w/Child1,0045,88714,382
    Single Male w/Child1437031,273
    Single Female w/Child3541,6073,302

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kansas2,688,418+62,853,118+52,988,194+53,140,008
    Johnson County451,086+21544,179+15625,524+17734,065
    Leavenworth County68,691+1176,227+1083,566+1192,787

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1075 West Santa Fe Street in Olathe?
    The asking price for 1075 West Santa Fe Street is $9,531,000
    What is the building size of this Retail property in Olathe, KS?
    The size of the building/unit at 1075 West Santa Fe Street in Olathe is 13,225 square feet
    How much land does the Olathe, KS property at 1075 West Santa Fe Street include?
    1075 West Santa Fe Street in Olathe includes 2.000 acres of land
    What kind of Retail is the propery at 1075 West Santa Fe Street?
    The property at 1075 West Santa Fe Street Olathe, KS 66061 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1075 West Santa Fe Street in Olathe?
    The population within 1 mile of 1075 West Santa Fe Street Olathe, KS 66061 is 12,283 people.
    Who do I contact for questions about 1075 West Santa Fe Street?
    You should contact the listing agent, John Redfield, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Kansas City International Airport (MCI) 29
    Joplin Regional Airport (JLN) 121
    Springfield Branson National Airport (SGF) 138
    Price
    $9,531,000
    Listing Agent
    More listings from John Redfield
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