Overland Pointe Marketplace

Property Type: | Property Status: Sold

Overland Pointe Marketplace

Property Details

Price: $6,330,000

CAP Rate:

Square Feet:

Tenancy Type: Mixed

Lease Type: NNN

Location Info

Address: 8560 West 135th Street

City: Overland Park

State: KS

Zip: 66223

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the two-center, 80,047 S.F. retail asset, which is shadow anchored by Sam’s Club, Home Depot, Hy-Vee, along with other high-traffic generating outlots. The well-positioned, value-add asset is located in the highly coveted Overland Park retail market and offers the new owners tremendous upside through lease-up of the two vacant junior box units.

Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the seller, a private investment group based in Ohio, whom Cooper has worked with on multiple transactions in the past. The private West Coast investment group (whom the Cooper Group has also sold other properties to in the past) quickly gobbled up the deal with an all cash offer for $6,330,000. The buyer had a quick twenty day due diligence period followed by an eleven day close. Through marketing efforts, the Cooper Group generated a significant amount of interest in the property and received multiple competitive offers. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit online at www.CooperGrp.com for the most up-to-date listings and information, stay connected, “Like” them on Facebook and follow on Twitter @TheCooperGrp.