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Fully Occupied Leawood Office Building
For Sale
$6,000,000

4300 W 133rd St, Leawood, KS 66209

26,570 SF fully-occupied office building with three tenants.

Property Size26,750 SF
Price / SF$224.30
Days on Market334

Property Features for 4300 W 133rd St

General Information

Standard status Active
Size 26,750 SF
Class B
Property subtype office
Listing Agency: Kansas City
Listed By: Jim Gates · License #2001022708
Source: Property.jll
Added: Nov 24, 2025 Changed: Oct 15 Last Checked: Oct 23 at 3:50AM

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 Kansas City

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Investment Insights

Based on property information with market context.

The property at 4300 W. 133rd St. in Leawood, KS, is a 26,570-square-foot office building. The building is fully occupied by three tenants, with Marsh and McLennan Agency (Cline Wood) as the anchor tenant. Two medical tenants occupy the southwest portion of the building. The Marsh suite includes a newly renovated common area space completed in November 2019, suitable for large meetings, corporate events, and company gatherings. It also features a state-of-the-art training room equipped with a projection screen and monitor.

Key Highlights

  • Fully‑occupied building.
  • Anchored by Marsh and McLennan Agency (Cline Wood).
  • 26,570‑square‑foot office building in Leawood, KS.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$368,868
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,377,360 $7.4M
Cap Rate 7%
$5,269,543 $5.3M
Cap Rate 9%
$4,098,533 $4.1M
Market Conditions
NOI Build-Up for 26,750 SF
Gross rent
$616.3K $23.04/SF
− Vacancy
−$124.5K −$4.65/SF
EGI
$491.8K $18.39/SF
− OpEx
−$123.0K −$4.60/SF
NOI
$368.9K $13.79/SF
Area
Johnson County, KS
Vacancy
20.20%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,377,360
Cap Rate 7%
$5,269,543
Cap Rate 9%
$4,098,533

Alternative Uses

Best Use
Office B
$5.27M
$4.61M – $6.15M (±1% cap)
NOI $368,868 @ 7.0% cap · market cap 6.15%
Second Best
Healthcare Medical
$4.94M
$4.33M – $5.77M (±1% cap)
NOI $346,125 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$6.47M
$5.66M – $7.55M (±1% cap)
NOI $453,180 @ 7.0% cap · market cap 7.55%
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

Office buildings

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Law Firm Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

466
Businesses Nearby

Demographics for 66209, KS

20,056
Population
8,683
Households
2.3
Avg Household Size
48
Median Age
75%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
3,086
Density / Sq Mi
$148,081
Median Household Income
$76,040
Median Earnings
$1,465
Median Rent
$554,300
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 Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - 26,570 SF fully-occupied office building with three tenants.
Where is this office building located?
The property is located at 4300 W 133rd St Leawood, KS.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Fully‑occupied building.; Anchored by Marsh and McLennan Agency (Cline Wood).; 26,570‑square‑foot office building in Leawood, KS.
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