Fully Automated Flex/Office
For Sale
Contact for pricing
2707 NE Brooktree Ln, Kansas City, MO 64119
Fully automated flex/office building built in 2017 and 100% occupied across three tenants.
Property Size12,000 SF
Lot Size1.01 Acres
Price / SF$172.92
Days on Market226
Property Features for 2707 NE Brooktree Ln
General Information
Standard status
Active
Size
12,000 SF
Lot size
1.01 Acres
Property subtype
FLEX_R_AND_D
Occupancy
100%
Additional Details
Road Access
Yes
Amenities
security system
Building Details
Year Built
2017
Buildings
1
Building Size
12,000 SF
Tenancy
Multi
Listing Agency:
Colliers | Kansas City
(816) 531-5303
Listed By:
RC Jensen, CCIM · License #2010043044
(913) 271-2842
Source:
Moodyscre
Added: Feb 2
Changed: Sep 8
Last Checked: Sep 15 at 10:09AM
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 Colliers | Kansas City
Investment Insights
Based on property information with market context.
This flex/office building was constructed in 2017 and is fully automated with modern lighting and a security system. The property contains 12,000± SF of space on 1.01 acres, and it is currently 100% occupied between three tenants.
Located at 2707 NE Brooktree Ln in Kansas City, Missouri (just off N. Antioch Road), the building benefits from a nearby cluster of amenities. Current tenant tenure is reflected by a WALT of 4.17 years.
The combination of an automated operating environment and a stabilized, fully occupied configuration can support prospective tenants or investors looking for flex/office space with established occupancy.
Located at 2707 NE Brooktree Ln in Kansas City, Missouri (just off N. Antioch Road), the building benefits from a nearby cluster of amenities. Current tenant tenure is reflected by a WALT of 4.17 years.
The combination of an automated operating environment and a stabilized, fully occupied configuration can support prospective tenants or investors looking for flex/office space with established occupancy.
Key Highlights
- 12,000± SF flex/office building on 1.01 acres
- Constructed in 2017
- Fully automated with modern lighting and security system
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$174,096
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,481,920
$3.5M
Cap Rate 7%
$2,487,086
$2.5M
Cap Rate 9%
$1,934,400
$1.9M
Market Conditions
NOI Build-Up for 12,000 SF
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.
Gross rent
$288.0K $24.00/SF
− Vacancy
−$20.2K −$1.68/SF
EGI
$267.8K $22.32/SF
− OpEx
−$93.7K −$7.81/SF
NOI
$174.1K $14.51/SF
Area
ZIP 64119
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,481,920
Cap Rate 7%
$2,487,086
Cap Rate 9%
$1,934,400
Alternative Uses
Best Use
Industrial
$7.38M
$6.45M – $8.60M
NOI $516,288 @ 7.0% cap · market cap 24.88%
Second Best
Flex RnD
$2.49M
$2.18M – $2.90M
NOI $174,096 @ 7.0% cap · market cap 8.39%
Theoretical Best
Warehouse
$8.96M
$7.84M – $10.45M
NOI $626,921 @ 7.0% cap · market cap 30.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64119, MO
30,865
Population
13,515
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
94%
High-School Grad
14.5 sq mi
ZIP Area
2,129
Density / Sq Mi
$79,871
Median Household Income
$45,801
Median Earnings
$1,259
Median Rent
$216,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Kansas City, MO
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Frequently Asked Questions
What type of property is this?
Flex space - Fully automated flex/office building built in 2017 and 100% occupied across three tenants.
Where is this flex space located?
The property is located at 2707 NE Brooktree Ln Kansas City, MO.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 12,000± SF flex/office building on 1.01 acres; Constructed in 2017; Fully automated with modern lighting and security system
