Olathe, Kansas, is an attractive destination for investors seeking to capitalize on the city's growing commercial and industrial sectors. Retail Properties in Olathe For Sale offer a unique opportunity to tap into the city's diverse economy, which is driven by major employers such as Honeywell, Husqvarna, ALDI, Garmin, Grundfos, and Farmers Insurance Group. These companies contribute significantly to Olathe's commercial and industrial sectors, showcasing a mix of manufacturing, retail, insurance, and aviation industries within the city. With its strategic location and excellent infrastructure, Olathe provides an ideal environment for businesses to thrive. The city's amenities, including Johnson County Executive Airport and New Century AirCenter, Black Bob Park, Lake Olathe, and Cedar Lake, make it an attractive location for residents and businesses alike. Additionally, Olathe's educational institutions, such as MidAmerica Nazarene University and the Kansas School for the Deaf, provide a skilled workforce, further enhancing the city's appeal to investors. With 12 Retail Properties For Sale in Olathe, investors have a wide range of options to choose from.
Olathe's Retail Properties offer a unique blend of commercial and industrial opportunities, with an average price per square foot of $360 USD and an average size of 69,452 square feet. The largest Retail Property available in Olathe spans 778,244 square feet, providing ample space for businesses to operate. In addition to Retail Properties, Olathe also offers a range of other property types, including Shopping Centers, Restaurants, Office Properties, and Hotels. Shopping Centers in Olathe provide an ideal location for retailers seeking to capitalize on the city's growing population. Restaurants in Olathe offer a unique opportunity to cater to the city's diverse culinary scene. Office Properties in Olathe provide a professional environment for businesses, while Hotels in Olathe offer a comfortable stay for visitors. With its diverse economy and excellent infrastructure, Olathe is an attractive destination for investors seeking to capitalize on the city's growth potential.
What is the average cap rate for retail properties in Olathe?
When it comes to retail properties in Olathe, investors can expect an average cap rate of 7.18%, which is a key metric to consider when evaluating potential investments. For those new to commercial real estate investing, it's essential to understand what a cap rate is - essentially, it's a measure of a property's potential return on investment, and you can learn more about it in our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Olathe, Kansas, the location and foot traffic of retail properties significantly impact their values. For instance, retail properties situated near major transportation hubs like Johnson County Executive Airport and New Century AirCenter, or along high-traffic areas such as the BNSF Railway's Chicago-Los Angeles main line, tend to have higher values due to increased visibility and accessibility, with an average price per square foot of $360 USD and an average size of 69,452 square feet.
