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13621 S Mur-Len Rd Olathe, KS 66062

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For Sale
$6,450,000

Development lots and existing buildings in a premier location.

Property size:
9,656 SF

Property Features for 13621 S Mur-Len Rd

General Information

Size
9,656 SF

Building Details

Year built
2006

Source: Mark Talley, CCIM, SIOR Agent Mark Talley, CCIM, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Olathe Development Opportunity

The Santa Fe Commons development is offered for sale as a single transaction. The property includes two development lots zoned for a combined 22,920 square feet of building area. The offering also includes four existing buildings totaling 45,630 rentable square feet. The total land area is 91,500 square feet, which is approximately 2.10 acres. The property is located in Olathe, Kansas, within the Kansas City Metropolitan Area. The current net operating income is $508,851, with a cap rate of 7.89%. This is a value-add opportunity.
Location Intelligence

Current Use by Public Records

Office buildings

Map

City
Olathe
County
Johnson
State
Kansas
Longitude
-94.778
Latitude
38.8343

FAQs

What type of property is this?
Office building - Development lots and existing buildings in a premier location.
Where is this office building located?
The property is located at 13621 S Mur-Len Rd Olathe, KS.
What is the asking price?
The asking price for this property is $6,450,000.
What are key features of this property?
This property features: - Reduced wholesale price of $6,450,000 for four buildings (45,630 RSF) and two development lots (2.10 acres).; - Value-add opportunity below replacement costs in a premier KC Metropolitan Area location.; - **Cap Rate of 7.89% on current Net Operating Income (NOI) of $508,851.**
More about this property
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