14310-14318 Metcalf Ave | Overland Park, KS 66223
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14310-14318 Metcalf Ave
Overland Park, KS 66223
Tierra Encantada | Overland Park, KS · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Single-Tenant Tierra Encantada in Affluent Kansas City Suburb: New long-term absolute NNN corporate lease
- Low Price Point Due to Major Capital Invested by Tenant: $2.5 million of improvements done at the tenant’s sole cost and expense
- Recognized as a Top New and Emerging Company, Tierra Encantada is Considered a Leader in Spanish Immersion Early Education, Operating 20 Locations
- Rare 3% Annual Increases During the Base Term and Each of the Two 5-Year Options; Nearly 35% Growth to the NOI During the Primary Term
- About the Operator - Tierra Encantada: Tierra Encantada is a steadily expanding provider of bilingual early childhood education
- Dense, Affluent, High-Growth Trade Area; Ideal Demographics for a Child Learning Center: AHHI’s of nearly $190,000 within a 3-mile radius
PROPERTY FACTS
Property Type
Property Size
10,061 sq ft
Costar Property Class
B
Year Built/Renovated
2006/2024
Tenancy
Single
Number of Floors
1
Typical Floor Size
10,061 sq ft
Plot ratio
0.25
Total Plot Size
0.92 ac
Use Class
Commercial - Commercial
Parking
58 Spaces (5.76 Spaces per 1,000 sq ft Leased)
PROPERTY TAXES
| Parcel Number | NP19080000-0002 | Improvements Assessment | £205,026 |
| Land Assessment | £74,651 | Total Assessment | £279,677 |
PROPERTY TAXES
Parcel Number
NP19080000-0002
Land Assessment
£74,651
Improvements Assessment
£205,026
Total Assessment
£279,677
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