Fully Occupied Leawood Office
4300 W 133rd St Leawood, KS
For Sale
Contact for pricing
26,570 SF fully-occupied office building with three tenants.
Property Size26,750 SF
Lot Size3.40 Acres
Price / SF$224.30
Days on Market974
Property Features for 4300 W 133rd St
General Information
- Standard status
- Active
- Size
- 26,750 SF
- Lot size
- 3.40 Acres
- Property subtype
- OFFICE
Listing Agency:
JLL | Kansas City
(913) 469-4638
Listed By:
Jim Gates · License #2001022708
Source:
Moodyscre
Added: Nov 24, 2023
Changed: Jul 6
Last Checked: Jul 21 at 6:05AM
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 JLL | Kansas City
Investment Insights
Based on property information with market context.
The property at 4300 W. 133rd St. in Leawood, KS, is a 26,570-square-foot office building. The building is fully occupied by three tenants, with Marsh and McLennan Agency (Cline Wood) as the anchor tenant. Two medical tenants occupy the southwest portion of the building. The Marsh suite includes a newly renovated common area space completed in November 2019, suitable for large meetings, corporate events, and company gatherings. It also features a state-of-the-art training room equipped with a projection screen and monitor.
Key Highlights
- Fully‑occupied building.
- Anchored by Marsh and McLennan Agency (Cline Wood).
- 26,570‑square‑foot office building in Leawood, KS.
Financial Insights For Office B
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 | $616.3k | $23.04 |
| − Vacancy | −$124.5k | −$4.65 |
| EGI | $491.8k | $18.39 |
| − OpEx | −$123.0k | −$4.60 |
| NOI | $368.9k | $13.79 |
26,750 SF · lease $23.04/SF/yr · vacancy 20.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.27M
$4.61M – $6.15M
NOI $368,868 @ 7.0% cap · market cap 6.15%
Second Best
Healthcare Medical
$4.94M
$4.33M – $5.77M
NOI $346,125 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$6.47M
$5.66M – $7.55M
NOI $453,180 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - 26,570 SF fully-occupied office building with three tenants.
Where is this office building located?
The property is located at 4300 W 133rd St Leawood, KS.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Fully‑occupied building.; Anchored by Marsh and McLennan Agency (Cline Wood).; 26,570‑square‑foot office building in Leawood, KS.
