- The Overland Park Best Buy is a 47,160 sq.ft commercial building located at 11525 Metcalf Avenue in Overland Park, Kansas, within a dense retail corridor at the intersection of 119th Street and Metcalf Avenue, within minutes of Highways 69 and Highway 50/Interstate 435, and 30 minutes south of downtown Kansas City.
- The building is 100% leased to Best Buy (NYSE: BBY), which has leased this building, built for Best Buy, since 1994. Listed as #68 on the Fortune 500 list, the consumer electronics retailer has 1,144 locations in the U.S., Mexico and Canada. Headquartered in Richfield, Minnesota, Best Buy employs 105,000 people and generated $51.7 billion in revenue in FY2022.
- The building was built in 1994 with a reinforced concrete slab-on-grade foundation; frame construction of concrete masonry unit (CMU) blocks and steel post and trusses; painted CMU block and limited EIFS exterior; and a low-slope TPO roof.
- The building sists on 4.94 acres zoned CP-2 (Planned General Business District, Commercial 2) and is served by 247 asphalt parking spaces with 236 regular spaces, 10 handicap spaces and 3 loading bay spaces.
- Located within a Walmart Supercenter and Khol’s anchored shopping center, the building sits within a dense retail corridor near the intersection of 119th Street and Metcalf Avenue that sees 56,000 vehicles per day. The nearby Hwy 50/I-435 sees 152,000 vehicles per day. Surrounding retail tenants include Costco, Target, Burlington, Whole Foods, DSW, PetSmart, Planet Fitness, Michaels, Hobby Lobby and JoAnn Fabric.
- The building lies within a significant population area with a daytime population of over 199,000 employees and nearly 12,800 businesses within a 5-mile radius. The adjacent Sprint/T-Mobile Headquarters at the Aspiria Corporate Campus employs 14,500 people and includes AMC’s corporate headquarters. 242,804 people live within a 5-mile radius.
- Overland Park is located approximately 30 minutes from downtown Kansas City and the Kansas City International Airport. The Kansas City MSA includes over 2.34 million people, is one of the largest metro areas in the Midwest and is the 31st largest MSA in the nation. Overland Park is the second largest city in the state of Kansas and the largest suburb of the Kansas City area. Top employers in Overland Park include T-Mobile (6,000), Shawnee School District (3,382), Black & Veatch Engineering Consultants (2,850), Johnson Community College (2,302) and OptumRx (2,000).
- For more information, please contact
Matt Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
mattmarks@towerinv.com
www.towerinv.com
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