Modified Net Lease | Minimal Landlord Involvement– Signaled Corner BP Gas Station

Strategically positioned just off West Santa Fe Street, this high-visibility corner location offers seamless access to I-35, making it an ideal site for retailers, fuel operators, and investors. Situated within a thriving commercial corridor, the property is surrounded by a mix of national retailers, professional services, and densely populated residential neighborhoods. The site sits directly in front of the newly completed ARIA Luxury Apartments, a 208-unit Class A development, creating a built-in customer base and constant foot traffic. Other neighborhood anchors include Olathe North High School, Hy-Vee, and historic downtown Olathe, all of which contribute to the area’s exceptional daytime population and retail momentum. Just a few miles to the south, Heartland Coca-Cola is completing a 700,000 SF bottling and distribution campus at 17100 S Hedge Lane, further reinforcing Olathe’s position as a growing logistics and employment hub. Major public infrastructure investments—like the $200M Santa Fe/I-35 interchange modernization project—signal long-term growth and rising land value in this corridor.Owner/user or investment opportunity located at a high-visibility corner in central Olathe, Kansas. This standalone commercial Prime NNN Investment – Corner BP Gas Station with Strong Operator Outstanding opportunity to acquire a single-tenant, absolute NNN gas station investment located at a signalized intersection in the heart of Olathe, KS. This high-visibility BP station features eight upgraded fuel pumps, a steel canopy, and a 969 SF convenience store on a 0.43-acre parcel. The tenant, Parker BP LLC, operates under a 10-year lease through January 2033 with 2% annual rent increases and two 5-year renewal options. The lease structure is absolute NNN, with the tenant responsible for taxes, insurance, and all operating expenses—offering investors true passive income. Located just off W Santa Fe Street, the property is surrounded by dense residential neighborhoods, national retailers, and key traffic drivers including Hy-Vee, Olathe North High School, and downtown Olathe. Strong demographics and over $2.27M in 2024 tenant sales make this an ideal 1031 exchange candidate or long-term hold.