Retail/Medical Office with Double
13900 W 135th St Olathe, KS 66062
For Sale
Contact for pricing
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 Market437
Property Features for 13900 W 135th St
General Information
Standard status
Active
Size
4,388 SF
Property subtype
RETAIL
Listing Agency:
Kessinger Hunter Commercial Real Estate
(913) 713-5131
Listed By:
Kobi Mashnouk
Source:
Moodyscre
Added: May 19, 2025
Changed: Jul 26
Last Checked: Jul 29 at 12:31PM
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
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 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 | $94.8k | $21.60 |
| − Vacancy | −$14.2k | −$3.24 |
| EGI | $80.6k | $18.36 |
| − OpEx | −$20.1k | −$4.59 |
| NOI | $60.4k | $13.77 |
4,388 SF · lease $21.60/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$863.2K
$755.3K – $1.01M
NOI $60,423 @ 7.0% cap · market cap 6.36%
Second Best
Healthcare Medical
$830.5K
$726.7K – $968.9K
NOI $58,132 @ 7.0% cap · market cap 6.12%
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.
Property Analytics
Location Intelligence
Current Use
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
