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5320 College Blvd 6,329 sq ft Office Property Overland Park, KS 66211 £1,862,025 (£294.21/sq ft) 9.17% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Fully-leased cath lab
- Around 64,000 VPD at Intersection
- 5-Year NNN Lease with 3% Annual Increases
EXECUTIVE SUMMARY
This prime medical space is conveniently located in one of the largest medical hubs in Overland Park.
It's located approximately 2 minutes south of I-435. There is quick access to the property from both
College Blvd. and 110th St. The area is bustling with nearby traffic from medical centers, including
Children's Mercy Hospital - Kansas. It's located within a mile from Overland Park Convention Center, as
well. Surrounded with national food joints, this medical hub is kept busy all day long.
It's located approximately 2 minutes south of I-435. There is quick access to the property from both
College Blvd. and 110th St. The area is bustling with nearby traffic from medical centers, including
Children's Mercy Hospital - Kansas. It's located within a mile from Overland Park Convention Center, as
well. Surrounded with national food joints, this medical hub is kept busy all day long.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Property Size
6,329 sq ft
Costar Property Class
B
Year Built
1984
Price
£1,862,025
Price per sq ft
£294.21
Yield
9.17%
NOI
£170,676
Tenancy
Single
Number of Floors
1
Typical Floor Size
6,329 sq ft
Floor To Floor Height
11 ft
Plot ratio
0.85
Total Plot Size
0.17 ac
Use Class
CP-0 - Commercial
Parking
30 Spaces (4 Spaces per 1,000 sq ft Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | NF251309-2053 | Improvements Assessment | £128,586 |
| Land Assessment | £13,859 | Total Assessment | £142,446 |
PROPERTY TAXES
Parcel Number
NF251309-2053
Land Assessment
£13,859
Improvements Assessment
£128,586
Total Assessment
£142,446
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5320 College Blvd
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