Golden Corral Olathe, Kansas

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Property Description

  • 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


Golden Corral Olathe, Kansas

1344 South Black Bob Road, Olathe, KS 66062


 Catherine Vaughn


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

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