Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6405-6475 W 135Th St Overland Park, KS 66223

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Corbin Park with high visibility.

    Property size:
    1,214 SF
    Lot size:
    1.74 Acres

    Property Features for 6405-6475 W 135Th St

    General Information

    Size
    1,214 SF
    Lot size
    1.74 Acres

    We can help!

    Listing Contact
    Eric Franz
    Eric Franz
    Source: Moodyscre

    Listing Agent: Eric Franz

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

    Learn more

    Overview

    Retail Space in Corbin Park

    This 1,214 square foot retail space is available for rent in Corbin Park. The property benefits from visibility on 135th Street, which sees over 42,000 cars per day. It is located in an area with high-income demographics. Current tenants in the vicinity include Cava, Bibibop, Potbelly, and Lash Lounge. The property is adjacent to anchor tenants such as Sprouts, Lifetime Fitness, Scheels, JCPenney, and Von Maur.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Overland Park
    County
    Johnson
    State
    Kansas
    Longitude
    -94.662198
    Latitude
    38.883683

    Nearby Similar for Lease

    • Contact for pricing
      31,799 SF

      Overland Park Office Space Available

      Office space for lease in Overland Park, Kansas.
      10652 W 87Th St, Overland Park, KS 66214
      View Details
    • $4,200 /Mo
      55,757 SF

      Overland Park Office Space Available

      Sub-lease office space in Overland Park, all utilities included.
      8675 W 96Th St, Overland Park, KS 66212
      View Details
    • Contact for pricing
      31,799 SF

      Overland Park Office Space Available

      Office space for lease in Overland Park with highway access.
      10644 W 87Th St, Overland Park, KS 66214
      View Details
    • $15 SF/Yr
      62,726 SF

      Overland Park Office Space For Lease

      745 SF office space in the heart of Overland Park.
      10801 W 87Th St, Overland Park, KS 66214
      View Details
    • $18 SF/Yr
      25,986 SF

      Overland Park Office Park

      Office park with on-site dining and retail services.
      6360 Sprint Pkwy, Overland Park, KS 66251
      View Details
    • $18 SF/Yr
      11,578 SF

      Overland Park Office Space Available

      Office space for rent in Overland Park, Kansas.
      6400 Sprint Pkwy, Overland Park, KS 66251
      View Details
    • Contact for pricing
      2,916 SF

      Overland Park Drive-Thru Restaurant Space

      Existing drive-thru restaurant space with patio and fireplace.
      10317 Metcalf Ave, Overland Park, KS 66212
      View Details
    • $24 SF/Yr
      18,522 SF

      Kansas City Office Space Available

      Office space with highway access, flexible leasing, and modern amenities.
      8900 Indian Creek Pkwy, Overland Park, KS 66210
      View Details
    • Contact for pricing
      37,273 SF

      Overland Park Medical Office Space

      Prime Medical Office Building - For Lease
      6201 College Blvd, Overland Park, KS 66211
      View Details
    • Contact for pricing
      73,650 SF

      Overland Park Retail Opportunity

      Rare retail space in high-traffic, affluent Overland Park area.
      7000 W 75Th St, Overland Park, KS 66204
      View Details
    • Contact for pricing
      211,000 SF

      Overland Park Mixed-Use Development Space

      Retail, entertainment, and restaurant space in high-image mixed-use development.
      11300 Nall Ave, Overland Park, KS 66207
      View Details
    • $24 SF/Yr
      19,312 SF

      Furnished Office Space with Amenities

      Furnished office with fitness room, highway access, and green space.
      8717 W 110Th St, Overland Park, KS 66210
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Corbin Park with high visibility.
    Where is this retail space located?
    The property is located at 6405-6475 W 135Th St Overland Park, KS.
    What are key features of this property?
    This property features: - High visibility on 135th Street with over 42,000 CPD.; - Located in Corbin Park, adjacent to anchor tenants Sprouts, Lifetime Fitness, Scheels, JCPenney, and Von Maur.; - Surrounded by high-income demographics.
    (785) 691-6196
    Request Owner's contact information
    6405-6475 W 135Th St Overland Park, KS 66223
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6405-6475 W 135Th St
    Overland Park, KS 66223
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6405-6475 W 135Th St Overland Park, KS 66223
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric Franz
    Eric Franz
    (785) 691-6196
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.