Overland Park, Kansas offers a diverse rozsah of Retail Properties For Sale, with 4 listings available. As a prime location for businesses, Retail Properties in Overland Park are an attractive investment opportunity. These properties can represent a variety of investments, from strip centers and shopping malls to freestanding retail buildings and restaurants. With its strong economy driven by the service sector, Overland Park provides an ideal environment for retail businesses to thrive. The city's amenities, infrastructure, location, education, and geography make it an attractive place to invest in Retail Properties. For instance, the city is home to the Overland Park Regional Medical Center, various parks, and sports facilities like the Scheels Overland Park Soccer Complex. Additionally, Overland Park is strategically located at the junction of Interstate 435 and U.S. Route 69, making it easily accessible. The city's strong educational institutions, such as Cleveland University-Kansas City and Johnson County Community College, also contribute to its appeal. Overall, Overland Park is a great place for business and travel, with attractions like the Overland Park Fall Festival and the Nerman Museum of Contemporary Art.
Overland Park's Retail Properties offer a unique opportunity to invest in a growing city. With its mix of humid subtropical and humid continental climates, the city experiences hot, humid summers and cold, dry winters. Nearby, you'll find notable companies like Black & Veatch, Ash Grove Cement Company, and Compass Minerals. In addition to Retail Properties, Overland Park also offers Shopping Centers, such as the Overland Park Xchange building, which is the 3rd largest office building in the Kansas City Metropolitan Area. Restaurants, Office Properties, and Hotels are also available, each with its own unique characteristics and advantages. For example, Office Properties in Overland Park benefit from the city's strong professional services sector, while Hotels can capitalize on the city's convenient location and amenities. With its diverse economy and attractive amenities, Overland Park is an ideal location for businesses and investors alike.
What is the average cap rate for retail properties in Overland Park?
When it comes to investing in retail properties in Overland Park, understanding the average cap rate is crucial. According to current market data, the average cap rate for retail properties in Overland Park is 6.97%, which can help investors determine the potential return on investment; for a deeper dive into this important metric, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Overland Park, Kansas, the location and foot traffic of retail properties significantly impact their values. For instance, retail properties situated near major transport hubs like Interstate 435 and U.S. Route 69, or in high-traffic areas like Downtown Overland Park, tend to have higher values due to their accessibility and exposure to potential customers, with an average price per square foot of $385 USD and an average size of 18,555 square feet.
