Corp. Bojangles w/ Dr-Thru | Rare 3% Annual Rent… — Sale in Overland Park (Kansas City Msa), KS
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Overland Park (Kansas City Msa), KS 66213
Photos
Investment Figures
- Cap rate
- 5.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Overland Park, Kansas is the second-largest city in the state, with a citywide population of approximately 202,893 residents and part of the broader Kansas City metropolitan area, one of the Midwest's largest and most diversified regional economies. Located in Johnson County, Overland Park consistently ranks among the most affluent submarkets in the Kansas City metro, with a reported median household income of approximately $104,384 citywide and a Johnson County median around $107,000, both well above state and national averages. The city also reports a highly educated workforce, with nearly 63% of residents 25 and older holding a bachelor's degree or higher, and unemployment has remained low, around 3.5% in recent reporting. The subject property sits along the Metcalf Avenue corridor near 119th Street, one of Overland Park's most established retail arteries, anchored by national grocers, big-box retailers, and healthcare institutions. Nearby, Aspiria, the redevelopment of the former 3.8-million-square-foot Sprint World Headquarters campus, continues to serve as a major employment and education hub, home to national and regional corporate tenants as well as Ottawa University's Overland Park campus. The surrounding area also includes a concentrated healthcare corridor anchored by Menorah Medical Center, Saint Luke's South Hospital, and Children's Mercy Kansas, reinforcing steady daytime population and visitor traffic. With strong household incomes, an educated workforce, low unemployment, and a mature, diversified commercial base spanning retail, healthcare, and corporate employment, Overland Park offers a stable, growth-oriented trade area supported by long-term regional economic fundamentals within the Kansas City metro. Investment Highlights: • Corporate Backed 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring Rare Above Average 3.0% Annual Rental Increases throughout the Initial Term and Options. • High-Traffic Retail Corridor: Property Sits
Market Context
This food service in Overland Park (Kansas City Msa), KS is listed for sale. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Overland Park (Kansas City Msa), KS — view the full market.
Contact
- Dave Saverin · (314) 889-2555
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
Explore this market
Similar Business for Sale in Kansas
- KFC — Contact for price · Wichita, KS
- IHOP — Contact for price · Olathe, KS
- Pizza Hut |Absolute NNN Lease | ±13 Years Remaining |1.5% Annual Rent Increases — Contact for price · Larned, KS