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    Fully Occupied Leawood Office Building Title is generated by Realmo AI

    4300 W 133rd St, Leawood, KS

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    26,570 SF fully-occupied office building with three tenants.

    Type:OFFICE
    Property size:
    26,750 SF
    Lot size:
    3.40 Acres
    Price / SF:
    $224/SF
    Added:
    Nov 24, 2023
    Days on Market:
    928
    Last Refresh:
    May 20 at 8:42 pm

    Property Features for 4300 W 133rd St

    General Information

    Standard status
    Active
    Size
    26,750 SF
    Lot size
    3.40 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jim Gates
    Jim Gates

    Listing agent Jim Gates License #2001022708

    Listing office JLL | Kansas City

    Listing date Nov 24, 2023

    Source Moodyscre

    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

    HighLights

    • Fully‑occupied building.
    • Anchored by Marsh and McLennan Agency (Cline Wood).
    • 26,570‑square‑foot office building in Leawood, KS.
    • Marsh suite features a newly renovated common area space (completed in November 2019).
    • State‑of‑the‑art training room equipped with projection screen and monitor.

    Overview

    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.

    Local 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 (±1% cap)
    NOI $368,868 @ 7.0% cap · market cap 6.15%
    Second Best
    Healthcare Medical
    $4.94M
    $4.33M – $5.77M (±1% cap)
    NOI $346,125 @ 7.0% cap · market cap 5.77%
    Theoretical Best
    Office A
    $6.47M
    $5.66M – $7.55M (±1% cap)
    NOI $453,180 @ 7.0% cap · market cap 7.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leawood
    County
    Johnson
    State
    Kansas
    Longitude
    -94.6337
    Latitude
    38.8869

    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.
    (913) 469-4600 Call to check price and availability
    More about this property
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