12035 Metcalf Ave, Overland Park, KS 66213

Qualified investors are extended the opportunity to acquire a 100% fee interest in a single asset that contains both a Bed Bath & Beyond and a buybuy Baby in Overland Park, Kansas. Bed Bath & Beyond occupies 50,028 SF and buybuy Baby, which is on a sublease with Bed Bath & Beyond, occupies 30,000 SF. Bed Bath & Beyond Inc., a New York corporation (BBB+) holds the Master Lease on the entire 80,028 SF building. The leases have over 12 years of term remaining, are co-terminus and both expire on 1/31/2027.

Bed Bath & Beyond Corporate Guaranty: The leases are guaranteed by Bed Bath & Beyond which operates over 1,400 stores and revenue of over $10 billion annually.

Excellent Demographics: Within a three-mile radius of the Property are over 79,700 residents with an average household income of $104,785. Population in this trade area is projected to grow 4% over the next five years.

Preeminent Overland Park/Kansas City Retail Corridor: The asset is strategically located in the heart of the 119th Street Retail Corridor. This is the Kansas City MSA’s premier corridor that includes national retailers such as Whole Foods, The Cheesecake Factory, the Apple Store, Crate & Barrel, Walmart Supercenter, Dick’s Sporting Goods and Macy’s.

Upside Potential with Vacant Outparcel: The offering includes an undeveloped outparcel of approximately 23,069 square feet, providing the opportunity for additional future income.