Retail/Medical Office with Double
For Sale
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13900 W 135th St, Olathe, KS 66062
Retail/medical office building with a double drive-thru and prominent visibility along 135th Street.
Property Size4,388 SF
Price / SF$216.50
Days on Market537
Property Features for 13900 W 135th St
General Information
Standard status
Active
Size
4,388 SF
Property subtype
RETAIL
Additional Details
Traffic Count
24,000 vehicles/day
Listing Agency:
Kessinger Hunter Commercial Real Estate
(816) 842-2690
Listed By:
Kobi Mashnouk · License #00251823
(913) 713-5131
Source:
Moodyscre
Added: May 19, 2025
Changed: Oct 26
Last Checked: Nov 4 at 10:43AM
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 Kessinger Hunter Commercial Real Estate
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Investment Insights
Based on property information with market context.
This retail/office/medical building offers 4,388± square feet of space configured for drive-thru convenience, featuring a double drive-thru setup. The property is positioned to capture customer flow from passing traffic while supporting flexible interior use.
Located at 13900 W 135th St in Olathe, Kansas, the site provides visibility to 135th Street with approximately 24,000 VPD. The surrounding retail mix includes nearby tenants such as Menards, Academy Sports, Walmart Supercenter, Hobby Lobby, Andy’s, Dutch Bros, Whataburger, Taco Bell, and Chipotle, and the average household income within a 1-mile radius is reported at $189,144.
With its drive-thru access and high-visibility frontage, the property may be a strong fit for operators seeking a retail-focused site that can also accommodate office or medical uses, subject to applicable approvals.
Located at 13900 W 135th St in Olathe, Kansas, the site provides visibility to 135th Street with approximately 24,000 VPD. The surrounding retail mix includes nearby tenants such as Menards, Academy Sports, Walmart Supercenter, Hobby Lobby, Andy’s, Dutch Bros, Whataburger, Taco Bell, and Chipotle, and the average household income within a 1-mile radius is reported at $189,144.
With its drive-thru access and high-visibility frontage, the property may be a strong fit for operators seeking a retail-focused site that can also accommodate office or medical uses, subject to applicable approvals.
Key Highlights
- 4,388± SF retail/medical office building
- Double drive‑thru
- Prominent visibility on 135th Street with 24,000 VPD
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,462
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,240
$849.2K
Cap Rate 7%
$606,600
$606.6K
Cap Rate 9%
$471,800
$471.8K
Market Conditions
NOI Build-Up for 4,388 SF
Gross rent
$63.2K $14.40/SF
− Vacancy
−$2.5K −$0.58/SF
EGI
$60.7K $13.82/SF
− OpEx
−$18.2K −$4.15/SF
NOI
$42.5K $9.68/SF
Area
Olathe, KS
Vacancy
4.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,240
Cap Rate 7%
$606,600
Cap Rate 9%
$471,800
Alternative Uses
Best Use
Retail
$606.6K
$530.8K – $707.7K
NOI $42,462 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,779 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
203k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Home Improvements & Furnishings 25%
Apparel 22%
Shops & Services 20%
Menards
Home Improvements & Furnishings
48,669 visits/mo
0.3 miles
Academy Sports + Outdoors
Apparel
43,822 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
39,414 visits/mo
0.5 miles
Whataburger
Dining
18,581 visits/mo
0.2 miles
Dutch Bros. Coffee
Dining
17,374 visits/mo
0.2 miles
Demographics for 66062, KS
77,553
Population
29,350
Households
2.6
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
42.1 sq mi
ZIP Area
1,842
Density / Sq Mi
$116,248
Median Household Income
$55,718
Median Earnings
$1,349
Median Rent
$342,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail/medical office building with a double drive-thru and prominent visibility along 135th Street.
Where is this retail space located?
The property is located at 13900 W 135th St Olathe, KS.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 4,388± SF retail/medical office building; Double drive‑thru; Prominent visibility on 135th Street with 24,000 VPD
