Renovated Office Building in
For Sale
Contact for pricing
10950 Grandview, Overland Park, KS 66210
Completely renovated office building with modern amenities and ample parking.
Property Size97,023 SF
Price / SF$0.00
Days on Market271
Property Features for 10950 Grandview
General Information
Standard status
Active
Size
97,023 SF
Class
B
Property subtype
Office
Lease Term
Full Service
Site & Location
Neighborhood
Trail West Estates
Building Details
Building Size
97,023 SF
Properties For Sale
at 10950 Grandview Contact usSuite 150
Size
6,993 SF
Term
Negotiable
Suite 320
Size
1,176 SF
Type
Office Building
Term
Negotiable
Suite 450
Size
7,658 SF
Type
Office Building
Term
Negotiable
Listing Agency:
Lee & Associates | Kansas City
Listed By:
Brent Roberts, CCIM · License #KS00044663
(816) 210-4033
Source:
Lee-associates
Added: Jan 26
Changed: Oct 21
Last Checked: Oct 24 at 1:43PM
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 Lee & Associates | Kansas City
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 10950 Grandview in Overland Park, KS, is a completely renovated office building featuring modern amenities. The 97,023 square foot building includes new, efficient elevators and ample parking for employees and visitors. Stylish and contemporary common areas create a professional atmosphere. An inviting on-site fire pit provides a space for relaxation and networking. The property is intended to provide a superior leasing experience.
Key Highlights
- Completely renovated building with modern features.
- Ample, convenient parking for employees and visitors.
- Brand new, efficient elevators for easy access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,230,130
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,602,600
$24.6M
Cap Rate 7%
$17,573,286
$17.6M
Cap Rate 9%
$13,668,111
$13.7M
Market Conditions
NOI Build-Up for 97,023 SF
Gross rent
$2.04M $21.00/SF
− Vacancy
−$397.3K −$4.10/SF
EGI
$1.64M $16.90/SF
− OpEx
−$410.0K −$4.23/SF
NOI
$1.23M $12.68/SF
Area
Overland Park, KS
Vacancy
19.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$24,602,600
Cap Rate 7%
$17,573,286
Cap Rate 9%
$13,668,111
Alternative Uses
Best Use
Office B
$17.57M
$15.38M – $20.50M
NOI $1,230,130 @ 7.0% cap · market cap 4,920,520.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$25.00M
$21.87M – $29.17M
NOI $1,749,907 @ 7.0% cap · market cap 6,999,628.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
Explore this area
Business Placement
Demographics for 66210, KS
19,057
Population
9,700
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
3,124
Density / Sq Mi
$93,368
Median Household Income
$54,948
Median Earnings
$1,407
Median Rent
$345,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Completely renovated office building with modern amenities and ample parking.
Where is this office building located?
The property is located at 10950 Grandview Overland Park, KS.
What are key features of this property?
This property features: Completely renovated building with modern features.; Ample, convenient parking for employees and visitors.; Brand new, efficient elevators for easy access.
