Current Investments

Charles Schwab Investment Center

san diego investment real estate

Charles Schwab Investment Center

Investment Information

Address: 13501 Nall Avenue Overland Park, KS 66224
Asset Class: Single Tenant, Net Lease
Size: 6,760 SF
Year Built: 2014
Acquisition Date: April, 2017
Acquisition Cap Rate: 6.08%

Description:
Constructed in 2014 as a build-to-suit for Charles Schwab & Company, this property is located in Overland Park, one of the highest income, high growth corridors of Johnson County, Kansas. Charles Schwab (NASDAQ: SCHW) is a publicly traded company with a Standard & Poor’s A+ credit rating.

Purchased subject to a 10 year triple net, fully guaranteed corporate lease, plus three 5 year options, each with 10% rent increases, this investment will generate solid, growing returns over the next 20+ years, with virtually no landlord responsibilities.

The hard corner signalized intersection where the property is located boasts daily traffic counts of over 50,000 cars per day, and the average household incomes within a 1 mile radius of the property exceed $145,000 annually.  We are confident that this investment will produce good long term income, as well as value appreciation due to its outstanding location.

MPC Strategy:
This investment will provide MPC investors with a truly passive income by producing immediate cash flow in excess of 6%, with steady increases over the life of the tenancy.