HFF has been retained on an exclusive basis to offer qualified investors the opportunity to acquire Olathe Gateway (the “Property” or the “Offering”) – a 40,778 square foot service and convenience oriented retail center located along 119th Street, Kansas City’s dominant retail corridor. The Property is located adjacent to separately owned Bass Pro Shop, The Main Event, and Starbucks and is anchored by a synergistic mix of medical, service, and quick/full service restaurants. Olathe Gateway provides investors with an attractive e-commerce resilient investment opportunity with value creation potential in one of the fast growing counties of the United States.
Located near the busy intersection of I-35 and 119th street in Olathe, KS, the Property has three vehicular entrances to the shopping center. One is located off 119th Street and the other two are off Bass Pro Drive, directly across from Bass Pro. A signal at 119th and Renner provides vehicular access to a roundabout that directs people into the center. There is also access from the adjacent N. Kansas City Road.
Bounded by 103rd Street to the north, 159th Street to the south, Parker Street to the west, and State Line Road to the east, South Johnson County is the second largest retail submarket within the metropolitan area. Located just 20 miles south-southwest of downtown Kansas City, Olathe provides all the cultural advantages of the major metropolitan area while maintaining an exceptional quality of life. As the fourth largest city in Kansas and the second largest city in Johnson County, Olathe has a population of 137,472 people and acts as the county seat.
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