

119TH PLAZA
For Sale | Retail | 7.00% CAP | 47,562 SqFt | multi-tenant
Marketing description
119th Plaza in Olathe, KS, is a premier retail investment. It boasts superior demographics with high discretionary incomes, reflected in a median household income of over $112,000, and a lower cost of living than the national average. Its exceptional accessibility via I-35 (over 118,000 vehicles/day) and 119th Street (over 31,400 vehicles/day) ensures continuous high traffic volume. This strategic location, coupled with the strong draw of adjacent major retailers like Bass Pro Shops, which contributes to over 200 million visitors annually across its network, solidifies its position. With Olathe's population growing steadily, reaching an estimated 151,377 by 2025, the plaza offers enduring investment security in a robust and expanding market.
Investment highlights
- Weighted average lease expiration is 5+ years
- 119th Plaza's trade area demographic has a discretionary income nearly 17% higher than the national average
- 119th Plaza is ranked 48 out of 192 shopping centers in KS and 26 out of 93 local shopping centers within 15 miles
- More than 50% of occupants have chosen 119 Plaza as their preferred business address for more than 20 years
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