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    Single Story Office/Flex Space Title is generated by Realmo AI

    14563 W 96th Ter, Lenexa, KS

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    8,000 SF single-story office/flex space with dock and parking.

    Type:OFFICE
    Property size:
    8,000 SF
    Lot size:
    0.96 Acres
    Price / SF:
    $156/SF
    Added:
    Jan 24, 2025
    Days on Market:
    506
    Last Refresh:
    May 20 at 9:09 pm

    Property Features for 14563 W 96th Ter

    General Information

    Standard status
    Active
    Size
    8,000 SF
    Lot size
    0.96 Acres
    Property subtype
    OFFICE

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    Listing Contact
    John Sweeney
    John Sweeney

    Listing agent John Sweeney License #SP00233396

    Listing office Reece Commercial Real Estate | Leawood

    Listing date Jan 24, 2025

    Source Moodyscre

    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 Reece Commercial Real Estate | Leawood

    HighLights

    • 8,000 square feet single story building with dock
    • Upscale office finish with air conditioned production area (3,000+\/- sf)
    • 15’ clear height
    • Parking and yard area
    • BP2 zoning
    • Features five offices, conference room, board room, open area with cubes, kitchen, data room, M&W restrooms

    Overview

    This 8,000 square foot single-story property features an upscale office finish with an air-conditioned production area. The building includes a dock and offers a clear height of 15 feet. Signage opportunities are available. The property provides parking and a yard area. The interior layout comprises five offices, a conference room, a board room, and an open area with cubes. Additional amenities include a kitchen, a data room, and men's and women's restrooms. The air-conditioned production area encompasses over 3,000 square feet. The property is zoned BP2.

    Local 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 $184.3k $23.04
    − Vacancy −$37.2k −$4.65
    EGI $147.1k $18.39
    − OpEx −$36.8k −$4.60
    NOI $110.3k $13.79
    8,000 SF · lease $23.04/SF/yr · vacancy 20.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.58M
    $1.38M – $1.84M (±1% cap)
    NOI $110,316 @ 7.0% cap · market cap 8.83%
    Second Best
    Industrial
    $429.7K
    $376.0K – $501.3K (±1% cap)
    NOI $30,078 @ 7.0% cap · market cap 2.41%
    Theoretical Best
    Office A
    $1.94M
    $1.69M – $2.26M (±1% cap)
    NOI $135,530 @ 7.0% cap · market cap 10.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Auto Repair Shop Hair Salon Big Box & Wholesale Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7549
    Latitude
    38.9533

    FAQs

    What type of property is this?
    Office units - 8,000 SF single-story office/flex space with dock and parking.
    Where is this office units located?
    The property is located at 14563 W 96th Ter Lenexa, KS.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 8,000 square feet single story building with dock; Upscale office finish with air conditioned production area (3,000+\/- sf); 15’ clear height
    (913) 652-4300 Call to check price and availability
    More about this property
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