Industrial Flex Warehouse
1020 Sunshine Rd Kansas City, KS 66115
1020 Sunshine Rd, Kansas City, KS, 66115
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For Sale
Contact for pricing
M3-zoned flex warehouse with 15’ clear height, office area, and 16 drive-in loading doors.
Property Size21,764 SF
Lot Size7.01 Acres
Price / SF$126.36
Days on Market93
Property Features for 1020 Sunshine Rd
General Information
- Standard status
- Active
- Size
- 21,764 SF
- Lot size
- 7.01 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Colliers | Kansas City
(816) 556-1170
Listed by
John Stafford, SIOR · License #MO 00241790
(913) 461-5229
Source
Moodyscre
Added: Apr 20 Updated: Jul 20 at 9:00PM Checked: Jul 20 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Kansas City
Investment Insights
Based on property information with market context.
This industrial flex warehouse totals 21,764± SF and includes approximately 8,500± SF of office space. The facility was built in 1952 with renovations completed in 1980 and offers 15’ clear height for warehouse operations.
Loading is supported by 16 drive-in doors sized 14’x16’. The property also includes 7.01± acres of land featuring a fully fenced and lit, graveled yard for outdoor staging.
Designed for a combined office and warehouse workflow, the improvements include substantial loading access and a sizable secured exterior area under M3 zoning.
Loading is supported by 16 drive-in doors sized 14’x16’. The property also includes 7.01± acres of land featuring a fully fenced and lit, graveled yard for outdoor staging.
Designed for a combined office and warehouse workflow, the improvements include substantial loading access and a sizable secured exterior area under M3 zoning.
Key Highlights
- 21,764± SF flex warehouse building on 7.01 AC, zoned M3
- 15’ clear height with 16 drive‑in loading doors (14’x16’)
- Office area of 8,500± SF within the building
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $261.2k | $12.00 |
| − Vacancy | −$18.3k | −$0.84 |
| EGI | $242.9k | $11.16 |
| − OpEx | −$85.0k | −$3.91 |
| NOI | $157.9k | $7.25 |
21,764 SF · lease $12.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.26M
$1.97M – $2.63M
NOI $157,876 @ 7.0% cap · market cap 5.74%
Second Best
Warehouse
$2.25M
$1.97M – $2.62M
NOI $157,337 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$3.61M
$3.15M – $4.21M
NOI $252,397 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Core Carrier Corporation
Trucking Company
Shippers Rental
Trucking Company
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - M3-zoned flex warehouse with 15’ clear height, office area, and 16 drive-in loading doors.
Where is this flex space located?
The property is located at 1020 Sunshine Rd Kansas City, KS.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 21,764± SF flex warehouse building on 7.01 AC, zoned M3; 15’ clear height with 16 drive‑in loading doors (14’x16’); Office area of 8,500± SF within the building