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All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice. For Information Contact: BLOCK & COMPANY, INC., Realtors In the Skelly Building on the Country Club Plaza 605 West 47th Street, Suite 200, Kansas City, Missouri 64112 816.753.6000 NEW NET LEASE INVESTMENT PROPERTY Metcalf Avenue at 136th Street, Overland Park, Kansas Long term absolute triple net long term lease Join Staples, Bo Lings Restaurant, Capitol Federal, and many more Just west of new Von Maur, JC Penney, Lifetime Fitness, and retail stores in the Corbin Park Development Located at the heart of Overland Park’s newest retail growth area 135th Street & Metcalf Avenue carry over 72,000 cars per day Excellent for long term hold opportunity with virtually no competition in the area 4,563 sq ft building on approximately 45,360 sq ft lot Phillips 66 Convenience Store For Information Estimated Population 177,020 Average Household Income $121,297 Five Mile Radius David Block 816.412.7400 [email protected] Jay Friedman 816.412.7334 [email protected]

NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

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Page 1: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

For Information Contact:BLOCK & COMPANY, INC., RealtorsIn the Skelly Building on the Country Club Plaza605 West 47th Street, Suite 200, Kansas City, Missouri 64112

816.753.6000

NEW NET LEASE INVESTMENT PROPERTY

Metcalf Avenue at 136th Street, Overland Park, Kansas

Long term absolute triple net long term lease

Join Staples, Bo Lings Restaurant, Capitol Federal, and many more

Just west of new Von Maur, JC Penney, Lifetime Fitness, and retail stores in the Corbin Park Development

Located at the heart of Overland Park’s newest retail growth area

135th Street & Metcalf Avenue carry over 72,000 cars per day

Excellent for long term hold opportunity with virtually no competition in the area

4,563 sq ft building on approximately 45,360 sq ft lot

Phillips 66 Convenience Store

For Information

Estimated Population 177,020

Average Household Income$121,297

Five Mile Radius

David [email protected]

Jay [email protected]

Page 2: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Real Estate Investment Details ..................................................................................... 3

Property Photos ............................................................................................................. 4

Maps and Aerials ........................................................................................................... 5

Executive Summary ...................................................................................................... 7

Internal Rate of Return Analysis .................................................................................. 8

Cash Flow Analysis ...................................................................................................... 9

Operating Income Analysis ........................................................................................... 11

Overland Park Map ...................................................................................... Attachment

Kansas City Metropolitan Map ..................................................................... Attachment

Demographics ............................................................................................... Attachment

Floor Plan........................................................................................................ Attachment

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

TABLE OF CONTENTS

Page 3: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

ANALYSIS

Analysis Date: April 2010Scenario: All Cash

PROPERTY

Property: For Sale Net Leased C-Store Property Address: 13620 Metcalf

Overland Park(Kansas City Suburb), KS 66223

FINANCIAL INFORMATION

Down Payment: $2,700,000Passive Loss Rules: NoClosing Costs: $20,000Discount Rate: 0%

PURCHASE INFORMATION

Property Type: CommercialPurchase Price: $2,700,000Fair Market Value: $2,700,000Tenants: 1Total Rentable Sq. Ft.: 4,563Resale Valuation 0% (annual appreciation)Resale Expenses: 0%

LOANS

Debt Term Rate Payment LO CostsNo Loan

INCOME & EXPENSES

Gross Operating Income: $219,427Monthly GOI: $18,286Total Annual Expenses: $0Monthly Expenses: $0

CONTACT INFORMATION

Jay [email protected]

David [email protected]

DISCLAIMER: All information is believed to be accurate.The calculations and data presented are deemed to be accurate, but not guaranteed. They are intended for the purpose of illustrative projectionsand analysis. The information provided is not intended to replace or serve as substitute for any legal, accounting, investment, real estate, tax orother professional advice, consultation or service. The user of this software should consult with a professional in the respective legal, accounting,tax or other professional area before making any decisions.

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

REAL ESTATE INVESTMENT DETAILS

Overland Park, Kansas (Kansas City Suburb)

Page 4: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

PROPERTY PHOTOS

Page 5: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

13620 Metcalf Avenue, Overland Park, Kansas

NNM i s s i o n R o a d M i s s i o n R o a d 5 , 0 0 0 c a r s p e r d a y5 , 0 0 0 c a r s p e r d a y

DEER CREEK DEER CREEK

WOODSWOODS

PROPOSED CORBIN PARKPROPOSED CORBIN PARK

DEVELOPMENTDEVELOPMENT

SOUTH CREEKSOUTH CREEK

OFFICE PARKOFFICE PARK

PARKWAY

PLAZAPLAZA

PLAZAPLAZA

POINTEPOINTE

Deer Creek Deer Creek

Country ClubCountry Club

Nicklaus Golf ClubNicklaus Golf Club

at Lion’s Gateat Lion’s Gate

R o e Av e n u e R o e Av e n u e 7 , 0 0 0 c a r s p e r d a y7 , 0 0 0 c a r s p e r d a y

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DEVELOPMENTDEVELOPMENT

S I T ES I T E

CORNERSTONECORNERSTONE

Page 6: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

13620 Metcalf Avenue, Overland Park, Kansas

NN

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D E E R C R E E K D E E R C R E E K

W O O D SW O O D S

S O U T H C R E E K S O U T H C R E E K

O F F I C E PA R KO F F I C E PA R K

S I T ES I T E

Page 7: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

13620 Metcalf Avenue, Overland Park, Kansas

S I T ES I T E

Page 8: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

ACQUISITION COSTS

Purchase Price, Points and Closing Costs $2,720,000Investment - Cash $2,720,000First Loan $0

INVESTMENT INFORMATION

Purchase Price $2,700,000Price per Tenant $2,700,000Price per Sq. Ft. $591.72

INCOME, EXPENSES & CASH FLOW

Gross Scheduled Income $219,427Total Vacancy and Credits $0Operating Expenses $0Net Operating Income $219,427Debt Service $0Cash Flow Before Taxes $219,427

Total Interest (Debt Service) $0Depreciation and Amortization ($53,217)

FINANCIAL INDICATORS

Cash on Cash Return Before Taxes 8.07%

Debt Coverage Ratio N/ACapitalization Rate 8.13%Gross Income / Square Feet $48.09Gross Expenses / Square Feet $0.00Operating Expense Ratio 0.00%

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

EXECUTIVE SUMMARY

Page 9: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

BEFORE TAX IRR

Time Future Cash Flows

Initial Investment ($2,720,000)End of Year 1 $219,427 End of Year 11 $241,918End of Year 2 $223,998 End of Year 12 $246,958End of Year 3 $230,398 End of Year 13 $254,014End of Year 4 $230,398 End of Year 14 $254,014End of Year 5 $230,398 End of Year 15 $254,014End of Year 6 $230,398 End of Year 16* $2,954,014End of Year 7 $235,198End of Year 8 $241,918End of Year 9 $241,918End of Year 10 $241,918

IRR = 8.63% * ($254,014 + $2,700,000)

AFTER TAX IRR

Time Future Cash Flows

Initial Investment ($2,720,000)End of Year 1 $219,427 End of Year 11 $241,918End of Year 2 $223,998 End of Year 12 $246,958End of Year 3 $230,398 End of Year 13 $254,014End of Year 4 $230,398 End of Year 14 $254,014End of Year 5 $230,398 End of Year 15 $254,014End of Year 6 $230,398 End of Year 16* $2,738,031End of Year 7 $235,198End of Year 8 $241,918End of Year 9 $241,918End of Year 10 $241,918

IRR = 8.38% * ($254,014 + $2,484,017)

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

INTERNAL RATE OF RETURN ANALYSIS

Page 10: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

GROSS SCHEDULED INCOME $219,427 $223,998 $230,398 $230,398 $230,398 $230,398 $235,198 $241,918 $241,918 $241,918

Total Operating Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

NET OPERATING INCOME $219,427 $223,998 $230,398 $230,398 $230,398 $230,398 $235,198 $241,918 $241,918 $241,918

Loan Payment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

NET CASH FLOW (b/t) $219,427 $223,998 $230,398 $230,398 $230,398 $230,398 $235,198 $241,918 $241,918 $241,918

Cash On Cash Return b/t 8.07% 8.24% 8.47% 8.47% 8.47% 8.47% 8.65% 8.89% 8.89% 8.89%

NET OPERATING INCOME $219,427 $223,998 $230,398 $230,398 $230,398 $230,398 $235,198 $241,918 $241,918 $241,918

Depreciation ($53,217) ($55,534) ($55,534) ($55,534) ($55,534) ($55,534) ($55,534) ($55,534) ($55,534) ($55,534)

Footnotes: b/t = before taxes;a/t = after taxes

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

CASH FLOW ANALYSIS

Page 11: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Description Year 11 Year 12 Year 13 Year 14 Year 15 Year 16

GROSS SCHEDULED INCOME $241,918 $246,958 $254,014 $254,014 $254,014 $254,014

Total Operating Expenses $0 $0 $0 $0 $0 $0

NET OPERATING INCOME $241,918 $246,958 $254,014 $254,014 $254,014 $254,014

Loan Payment $0 $0 $0 $0 $0 $0

NET CASH FLOW (b/t) $241,918 $246,958 $254,014 $254,014 $254,014 $254,014

Cash On Cash Return b/t 8.89% 9.08% 9.34% 9.34% 9.34% 9.34%

NET OPERATING INCOME $241,918 $246,958 $254,014 $254,014 $254,014 $254,014

Depreciation ($55,534) ($55,534) ($55,534) ($55,534) ($55,534) ($53,234)

Footnotes: b/t = before taxes;a/t = after taxes

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

CASH FLOW ANALYSIS (continued)

Page 12: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

$26,000

$52,000

$78,000

$104,000

$130,000

$156,000

$182,000

$208,000

$234,000

$260,000

Legend

GROSS OPERATING INCOME NET OPERATING INCOME NET CASH FLOW (b/t)

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

OPERATING INCOME ANALYSIS

Page 13: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

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13620 Metcalf AvenueOverland Park, Kansas

March 2010

Lat: 38.8987 Lon: -94.6728 Zoom: 20.63 m

i Logos are for identification purposes only and may be tradem

arks of their respective companies.

©2010, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

S I T ES I T E

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BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

March 2010

13620 Metcalf Avenue

Overland ParkOverland ParkOverland ParkOverland ParkOverland ParkOverland ParkOverland ParkOverland ParkOverland Park

Blue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue SpringsBlue Springs

SITE

Kansas CityKansas CityKansas CityKansas CityKansas CityKansas CityKansas CityKansas CityKansas City

IndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependenceIndependence

OlatheOlatheOlatheOlatheOlatheOlatheOlatheOlatheOlathe

Lee's SummitLee's SummitLee's SummitLee's SummitLee's SummitLee's SummitLee's SummitLee's SummitLee's Summit

ShawneeShawneeShawneeShawneeShawneeShawneeShawneeShawneeShawnee

LenexaLenexaLenexaLenexaLenexaLenexaLenexaLenexaLenexa

GardnerGardnerGardnerGardnerGardnerGardnerGardnerGardnerGardner

avenworthavenworthavenworthavenworthavenworthavenworthavenworthavenworthavenworth

LansingLansingLansingLansingLansingLansingLansingLansingLansing

Bonner SpringsBonner SpringsBonner SpringsBonner SpringsBonner SpringsBonner SpringsBonner SpringsBonner SpringsBonner Springs

Platte CityPlatte CityPlatte CityPlatte CityPlatte CityPlatte CityPlatte CityPlatte CityPlatte City

ehorehorehorehorehorehorehorehorehor

RaytownRaytownRaytownRaytownRaytownRaytownRaytownRaytownRaytown

LeawoodLeawoodLeawoodLeawoodLeawoodLeawoodLeawoodLeawoodLeawood

GrandviewGrandviewGrandviewGrandviewGrandviewGrandviewGrandviewGrandviewGrandview

BeltonBeltonBeltonBeltonBeltonBeltonBeltonBeltonBelton

Prairie VillagePrairie VillagePrairie VillagePrairie VillagePrairie VillagePrairie VillagePrairie VillagePrairie VillagePrairie Village

RaymoreRaymoreRaymoreRaymoreRaymoreRaymoreRaymoreRaymoreRaymore

MerriamMerriamMerriamMerriamMerriamMerriamMerriamMerriamMerriam Mission HillsMission HillsMission HillsMission HillsMission HillsMission HillsMission HillsMission HillsMission Hills

LibertyLibertyLibertyLibertyLibertyLibertyLibertyLibertyLiberty

GladstoneGladstoneGladstoneGladstoneGladstoneGladstoneGladstoneGladstoneGladstone

Roeland ParkRoeland ParkRoeland ParkRoeland ParkRoeland ParkRoeland ParkRoeland ParkRoeland ParkRoeland Park

North Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas CityNorth Kansas City

ParkvilleParkvilleParkvilleParkvilleParkvilleParkvilleParkvilleParkvilleParkville

Sugar CreekSugar CreekSugar CreekSugar CreekSugar CreekSugar CreekSugar CreekSugar CreekSugar Creek

Pleasant ValleyPleasant ValleyPleasant ValleyPleasant ValleyPleasant ValleyPleasant ValleyPleasant ValleyPleasant ValleyPleasant Valley

RiversideRiversideRiversideRiversideRiversideRiversideRiversideRiversideRiverside

Weatherby LakeWeatherby LakeWeatherby LakeWeatherby LakeWeatherby LakeWeatherby LakeWeatherby LakeWeatherby LakeWeatherby Lake

ClaycomoClaycomoClaycomoClaycomoClaycomoClaycomoClaycomoClaycomoClaycomo

Pleasant HillPleasant HillPleasant HillPleasant HillPleasant HillPleasant HillPleasant HillPleasant HillPleasant Hill

Excelsior SpExcelsior SpExcelsior SpExcelsior SpExcelsior SpExcelsior SpExcelsior SpExcelsior SpExcelsior Sp

GreenwoodGreenwoodGreenwoodGreenwoodGreenwoodGreenwoodGreenwoodGreenwoodGreenwood

Lake LotawanLake LotawanLake LotawanLake LotawanLake LotawanLake LotawaLake LotawaLake LotawaLake Lotawan

NH

AWTH

OR

NE

AVE

STATE HWY A

NE 112TH ST

NE 124TH STNE 120TH ST

W KANSAS ST

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MIN

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RD

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SE FLAGSTONE DR

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SE RANSON RD

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LAKE CITY BUCKNER RD W

NW PINK HILL RD E TRENT RD

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US HWY 50

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W 75TH STW 71ST ST

W 91ST STW 87TH ST

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35

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STATE HWY 10

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ORVILLE AVE

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TURNER DIAGONAL FWYS78T

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MINNESOTA AVE

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US HWY 71

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NE 108TH ST

NE 126TH ST

NW 132ND ST

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W 43 ST

W 31ST ST

W GREGORY BLVD

W 26TH ST

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291

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169

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435

635

Lat: 39.0736 Lon: -94.5758 Zoom

: 39.01 mi Logos are for identification purposes only and m

ay be trademarks of their respective com

panies.

©2010, SITES USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Overland Park, Kansas

Page 15: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

SUMMARY DEMOGRAPHIC PROFILE1990 - 2000 Census, 2009 Estimates & 2014 ProjectionsCalculated using Proportional Block Groups

Lat/Lon: 38.883744/-94.667789RS1

1.00 mi radius

2.00 mi radius

3.00 mi radius

2009 Estimated Population 11,140 41,689 82,571 2014 Projected Population 12,595 45,921 90,175 2000 Census Population 5,734 27,104 59,783 1990 Census Population 1,407 7,521 25,868

Historical Annual Growth 1990 to 2009 36.4% 23.9% 11.5% Projected Annual Growth 2009 to 2014 2.6% 2.0% 1.8%

2009 Median Age 33.6 34.5 35.6

2009 Estimated Households 3,418 13,316 26,995 2014 Projected Households 3,542 13,438 26,986 2000 Census Households 1,860 9,277 20,948 1990 Census Households 456 2,739 9,138

Historical Annual Growth 1990 to 2009 34.2% 20.3% 10.3% Projected Annual Growth 2009 to 2014 0.7% 0.2% -0.0%

2009 Estimated White 86.3% 86.4% 87.1% 2009 Estimated Black or African American 5.0% 5.0% 4.7% 2009 Estimated Asian & Pacific Islander 4.2% 4.4% 4.1% 2009 Estimated American Indian & Native Alaskan 0.5% 0.5% 0.5% 2009 Estimated Other Races 4.0% 3.8% 3.6%

2009 Estimated Hispanic 3.6% 3.5% 3.4%

2009 Estimated Average Household Income $ 154,551 $ 141,897 $ 139,918 2009 Estimated Median Household Income $ 133,727 $ 123,876 $ 123,918 2009 Estimated Per Capita Income $ 47,415 $ 45,752 $ 46,042

2009 Elementary 0.8% 0.5% 0.5% 2009 Some High School 1.2% 1.0% 0.9% 2009 High School Graduate 6.5% 8.0% 8.3% 2009 Some College 12.6% 14.4% 15.1% 2009 Associates Degree Only 6.5% 6.6% 6.4% 2009 Bachelors Degree Only 49.0% 45.8% 45.1% 2009 Graduate Degree 23.4% 23.7% 23.7%

Number of Businesses 454 1,652 3,501 Total Number of Employees 6,366 24,290 51,908 Employee Population per Business 14.0 14.7 14.8 Residential Population per Business 24.5 25.2 23.6

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February 2010

135th Street & Metcalf AvenueOverland Park, Kansas

BU

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©2010, Sites USA, Chandler, Arizona, 480-491-1112 Demographic Source: Applied Geographic Solutions / TIGER Geography 07/09

Page 16: NEW NET LEASE INVESTMENT PROPERTY - LoopNetimages3.loopnet.com/d2/k07GCAeLXB02BTeq00Lg9dCMMYqxJ2QuDo… · The user of this software should consult with a professional in the respective

BLOCK & COMPANY, INC., Realtors 816.753.6000All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and the same is subject to errors, omissions, changes of prices, rental or other conditions, prior sale or lease or withdrawal without notice.

FOR SALE NET LEASED C-STORE13620 Metcalf Avenue, Overland Park, Kansas (Kansas City Suburb)

FLOOR PLAN