Golden Corral Olathe, Kansas

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Absolute NNN Lease (8 years Remaining)
Proven/Profitable Location - Low 5.57% Rent to Sales Ratio!
Attractive 15% Escalations in Options
Golden Corral Just Renewed Lease in June 2017 for 3 more years
Olathe is a city in and is the county seat of Johnson County, Kansas and is a part of the Kansas City, MO-KS Metro Area is the 31st largest metropolitan statistical area in the nation with a combined population of 2.09 Million people.
Large 2.28 Acre Parcel - Situated just off the Hard Corner
Traffic Counts Exceed 52,000 VPD
Total Population of 203,127
Average HH Income over $96,000 in 5 Mile Ring

Purchase Price: 2,279,485

Annual Rent: $159,564

Cap Rate: 7.0%

Rent Escalations 15% at each option

Term: 8 years

Expenses: NNN

LL Responsibilities: None

Options: Four, 5 year

Lot Size 2.28

Investment Offering

Tenant Overview

Area Overview

Golden Corral Olathe, Kansas

1344 South Black Bob Road, Olathe, KS 66062

Catherine Vaughn

Email: cvaughn@birchinlanerealty.com

Office Phone: 843.408.0858 Ext: 1

Mobile Phone: 843-437-7310

Fax: 843.414.5209

Transaction Type: Sale

Property Type: Retail

Available Space: 9,782 SF

Offering Memorandum Make An Offer

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