Multi-Tenant Office
For Sale
Contact for pricing
10965 Granada Ln, Overland Park, KS 66211
Masonry office building with common corridors supports full-floor or multi-tenant occupancy.
Property Size18,739 SF
Price / SF$138.75
Days on Market1213
Property Features for 10965 Granada Ln
General Information
Standard status
Active
Size
18,739 SF
Total Parking Spaces
71
Property subtype
Office
Building Details
Year Built
1983
Listing Agency:
NAI Heartland
Listed By:
Mark Talley · License #00227953
(913) 362-1000
Source:
Crexi
Added: Jun 22, 2023
Changed: Oct 14
Last Checked: Oct 16 at 7:11AM
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 NAI Heartland
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 18,739-square-foot office building combines a masonry exterior with banded glass on all sides. Common corridors are already in place, allowing the property to accommodate either full-floor users or multiple occupants. Each floor provides just over 6,000 square feet, supporting flexible office configuration within the existing structure.
Located at 10965 Granada Lane in Overland Park’s Fox Hill area, the property offers immediate highway access and connections to pedestrian and biking trails. Walkable amenities are available within the surrounding College Boulevard market. Built in 1983, the building presents an established office setting for an owner-user or multi-tenant strategy.
Located at 10965 Granada Lane in Overland Park’s Fox Hill area, the property offers immediate highway access and connections to pedestrian and biking trails. Walkable amenities are available within the surrounding College Boulevard market. Built in 1983, the building presents an established office setting for an owner-user or multi-tenant strategy.
Key Highlights
- 18,739 SF office building in Overland Park’s Fox Hill area
- Just over 6,000 SF per floor
- Common corridors support full‑floor or multitenant occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,587
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,751,740
$4.8M
Cap Rate 7%
$3,394,100
$3.4M
Cap Rate 9%
$2,639,856
$2.6M
Market Conditions
NOI Build-Up for 18,739 SF
Gross rent
$393.5K $21.00/SF
− Vacancy
−$76.7K −$4.10/SF
EGI
$316.8K $16.90/SF
− OpEx
−$79.2K −$4.23/SF
NOI
$237.6K $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%
$4,751,740
Cap Rate 7%
$3,394,100
Cap Rate 9%
$2,639,856
Alternative Uses
Best Use
Office B
$3.39M
$2.97M – $3.96M
NOI $237,587 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.83M
$4.22M – $5.63M
NOI $337,977 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
930
Businesses Nearby
Explore this area
Business Placement
Demographics for 66211, KS
4,917
Population
2,963
Households
1.7
Avg Household Size
50
Median Age
77%
College-Educated
99%
High-School Grad
4.3 sq mi
ZIP Area
1,143
Density / Sq Mi
$110,662
Median Household Income
$72,417
Median Earnings
$1,494
Median Rent
$589,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Masonry office building with common corridors supports full-floor or multi-tenant occupancy.
Where is this office building located?
The property is located at 10965 Granada Ln Overland Park, KS.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 18,739 SF office building in Overland Park’s Fox Hill area; Just over 6,000 SF per floor; Common corridors support full‑floor or multitenant occupancy
