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New Haysville Flex Space Building

140 Cain Dr Haysville, KS 67060

140 Cain Dr, Haysville, KS, 67060
$2,000,000
For Sale
$2,000,000

Modern 22,000 SF flex space in thriving Haysville.

Property Size22,000 SF
Price / SF$90.91
Days on Market137

Property Features for 140 Cain Dr

General Information

Standard status
Active
Size
22,000 SF
Property subtype
Industrial

Building Details

Year Built
2024
Listing agency NAI Martens
Listed by Brogan Klein · License #00242621
Source Naimartens
Added: Mar 6 Updated: Jul 10 at 1:00PM Checked: Jul 21 at 4:18AM

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 NAI Martens


Investment Insights

Based on property information with market context.

Located in Haysville, minutes south of Wichita, this 22,000 square foot building was constructed in 2024. Zoned F, the property is suited for industrial or self-storage utilization. It features 16 units, each ranging from 1,000 to 1,500 square feet. The property offers visibility and access from key transportation routes, providing a solution for users seeking efficient space with optional customization.

Key Highlights

  • New construction: State‑of‑the‑art 22,000 SF building completed in 2024.
  • Zoned F, suitable for industrial or self‑storage.
  • Located in Haysville, minutes south of Wichita, offering strong visibility and access.

Local Financial Insights For Warehouse

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 $171.6k $7.80
− Vacancy −$10.5k −$0.48
EGI $161.1k $7.32
− OpEx −$24.2k −$1.10
NOI $137.0k $6.23
22,000 SF · lease $7.80/SF/yr · vacancy 6.10% · expense 15.00%

Alternative Uses

Best Use
Self Storage
$2.70M
$2.36M – $3.15M (±1% cap)
NOI $189,050 @ 7.0% cap · market cap 9.45%
Second Best
Warehouse
$1.96M
$1.71M – $2.28M (±1% cap)
NOI $136,963 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$4.59M
$4.01M – $5.35M (±1% cap)
NOI $320,979 @ 7.0% cap · market cap 16.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Spa & Massage Center Kitchen & Bath Showroom Electrical Service Gym & Fitness Center HVAC Service

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

FAQs

What type of property is this?
Flex space - Modern 22,000 SF flex space in thriving Haysville.
Where is this flex space located?
The property is located at 140 Cain Dr Haysville, KS.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: New construction: State‑of‑the‑art 22,000 SF building completed in 2024.; Zoned F, suitable for industrial or self‑storage.; Located in Haysville, minutes south of Wichita, offering strong visibility and access.
Contact an agent
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