Free-Standing Office and Flex
736 N Andover Rd Andover, KS 67002
For Sale
Contact for pricing
Move-in-ready free-standing building with an open floor plan and ample on-site parking for office, medical, or retail use.
Property Size9,549 SF
Price / SF$120.43
Days on Market289
Property Features for 736 N Andover Rd
General Information
Standard status
Active
Size
9,549 SF
Property subtype
RETAIL
Listing Agency:
NAI Martens
(316) 613-2449
Listed By:
Trevor Stacy, CCIM · License #00244816
(316) 613-2449
Source:
Moodyscre
Added: Oct 14, 2025
Changed: Jul 25
Last Checked: Jul 28 at 1:50PM
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 NAI Martens
Investment Insights
Based on property information with market context.
This free-standing commercial building totals 9,549 square feet and is designed for flexible use across office, medical, or retail operations. The interior features an open floor plan that can support a range of layouts, with existing infrastructure already in place to support both customer-facing and administrative functions.
The exterior is described as professional, and the property includes ample on-site parking to accommodate visitors and staff.
The building is presented as move-in ready, with high-quality construction and well-maintained interiors.
The exterior is described as professional, and the property includes ample on-site parking to accommodate visitors and staff.
The building is presented as move-in ready, with high-quality construction and well-maintained interiors.
Key Highlights
- 9,549 SF free‑standing building with a functional, open floor plan for flexible use
- Suitable for office, medical, or retail operations
- Existing infrastructure supports both customer‑facing and administrative functions
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 | $160.4k | $16.80 |
| − Vacancy | −$25.7k | −$2.69 |
| EGI | $134.8k | $14.11 |
| − OpEx | −$33.7k | −$3.53 |
| NOI | $101.1k | $10.58 |
9,549 SF · lease $16.80/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$1.56M
$1.36M – $1.82M
NOI $108,904 @ 7.0% cap · market cap 9.47%
Second Best
Office B
$1.44M
$1.26M – $1.68M
NOI $101,067 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,906 @ 7.0% cap · market cap 12.34%
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?
Office building - Move-in-ready free-standing building with an open floor plan and ample on-site parking for office, medical, or retail use.
Where is this office building located?
The property is located at 736 N Andover Rd Andover, KS.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 9,549 SF free‑standing building with a functional, open floor plan for flexible use; Suitable for office, medical, or retail operations; Existing infrastructure supports both customer‑facing and administrative functions
