Leavenworth Investment Property For
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1100 N 4th Street, Leavenworth, KS 66048
Two-tenant, net-leased property with corporate guarantees in Leavenworth, Kansas.
Property Size7,557 SF
Price / SF$297.74
Days on Market213
Property Features for 1100 N 4th Street
General Information
Standard status
Active
Size
7,557 SF
Property subtype
Office
Lease Type
NN
Investment Type
Net Lease
Building Details
Year Built
2002
Year Renovated
2025
Buildings
1
Tenancy
Multi
Listing Agency:
Sands Investment Group
Listed By:
Bart Tantillo · License #RS334341
(610) 295-5697
Source:
Crexi
Added: Mar 26
Changed: Oct 14
Last Checked: Oct 23 at 6:02AM
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 Sands Investment Group
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Investment Insights
Based on property information with market context.
This two-tenant, net-leased property is located in Leavenworth, Kansas, within the Kansas City MSA. The property is occupied by NextCare and Booz Allen Hamilton, both with corporate guarantees. The tenants have a weighted average lease term of 3.2 years remaining, with additional option periods. The leases include annual rental increases throughout the initial term and option periods. The tenants reimburse CAM, taxes, and insurance. NextCare operates over 170 facilities in 12 states. Booz Allen Hamilton provides consulting, analysis, and engineering services. The building was previously occupied by a regional credit union and has been redeveloped with a new facade and demised into two entrances. The tenants invested over $600,000 into their respective buildouts. The property is located at the corner of N. 4th Street and Metropolitan Avenue, with 28,600 combined vehicles passing by daily. The site has two pylon signs. It is near Centennial Bridge, a primary route to Kansas City. NextCare is one of only three urgent care facilities in Leavenworth. The site is directly across from Fort Leavenworth, a United States Army installation with 1,000 buildings and over 14,100 personnel. The property is within walking distance of Santa Fe Trail Apartments (48 units) and The Station Lofts at the Riverfront (148 units). The 5-mile trade area has more than 42,100 residents and 18,300 daytime employees with an average household income of $88,944. The property size is 7,303 square feet.
Key Highlights
- Two‑tenant net leased property with corporate guarantees from NextCare and Booz Allen Hamilton (S&P: BBB-)
- Rare annual rental increases in both leases, providing growing NOI and inflation hedging
- Strategic location at a signalized hard corner with high traffic (28,600 vehicles per day) and excellent visibility via two pylon signs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,060
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,081,200
$2.1M
Cap Rate 7%
$1,486,571
$1.5M
Cap Rate 9%
$1,156,222
$1.2M
Market Conditions
NOI Build-Up for 7,557 SF
Gross rent
$163.2K $21.60/SF
− Vacancy
−$24.5K −$3.24/SF
EGI
$138.7K $18.36/SF
− OpEx
−$34.7K −$4.59/SF
NOI
$104.1K $13.77/SF
Area
Leavenworth County, KS
Vacancy
15.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,081,200
Cap Rate 7%
$1,486,571
Cap Rate 9%
$1,156,222
Alternative Uses
Best Use
Office B
$1.49M
$1.30M – $1.73M
NOI $104,060 @ 7.0% cap · market cap 4.62%
Second Best
Healthcare Medical
$1.43M
$1.25M – $1.67M
NOI $100,115 @ 7.0% cap · market cap 4.45%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
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Business Placement
Demographics for 66048, KS
36,628
Population
15,237
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
92%
High-School Grad
135.5 sq mi
ZIP Area
270
Density / Sq Mi
$71,520
Median Household Income
$40,702
Median Earnings
$954
Median Rent
$203,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Two-tenant, net-leased property with corporate guarantees in Leavenworth, Kansas.
Where is this office building located?
The property is located at 1100 N 4th Street Leavenworth, KS.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Two‑tenant net leased property with corporate guarantees from NextCare and Booz Allen Hamilton (S&P: BBB-); Rare annual rental increases in both leases, providing growing NOI and inflation hedging; Strategic location at a signalized hard corner with high traffic (28,600 vehicles per day) and excellent visibility via two pylon signs
