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Furnished Office Building For Sale
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11701 W 79th St, Overland Park, KS

Single occupant office building in Pine Ridge Business Park.

Property Size21,206 SF
Lot Size2.13 Acres
Price / SF$160
Days on Market576

Property Features for 11701 W 79th St

General Information

Standard status Active
Size 21,206 SF
Lot size 2.13 Acres
Property subtype OFFICE
Listing Agency: Block Real Estate Services
Listed By: Andrew T. Block
Source: Moodyscre
Added: Dec 31, 2024 Changed: Jul 10 Last Checked: Jul 21 at 7:03AM

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 Block Real Estate Services

Investment Insights

Based on property information with market context.

This furnished single occupant office building is available for sale in Pine Ridge Business Park. The property offers 21,206 square feet of space available for immediate occupancy. It is located in the Johnson County submarket, offering access and location. The building is situated 15 minutes from Downtown Kansas City and the Country Club Plaza, and less than 30 minutes from the Kansas City International Airport. On-site parking is available close to the building entrances.

Key Highlights

  • 21,206 SF Available for Immediate Occupancy
  • Furnished Single Occupant Office Building
  • Excellent Access and Location in Highly‑Desirable Johnson County Submarket

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 $445.3k $21.00
− Vacancy −$86.8k −$4.10
EGI $358.5k $16.90
− OpEx −$89.6k −$4.23
NOI $268.9k $12.68
21,206 SF · lease $21.00/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.84M
$3.36M – $4.48M (±1% cap)
NOI $268,866 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.46M
$4.78M – $6.37M (±1% cap)
NOI $382,471 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Parking Lot & Garage Nail Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,100
Businesses Nearby

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Single occupant office building in Pine Ridge Business Park.
Where is this office building located?
The property is located at 11701 W 79th St Overland Park, KS.
What is the asking price?
The asking price for this property is $3,392,960.
What are key features of this property?
This property features: 21,206 SF Available for Immediate Occupancy; Furnished Single Occupant Office Building; Excellent Access and Location in Highly‑Desirable Johnson County Submarket
(816) 412-5873 Call to check price and availability
More about this property
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