Flex Space with Office
For Sale
Contact for pricing
7501 East Front Street, Kansas City, MO 64120
Industrial facility offering warehouse functionality, substantial office space, loading access, and three-phase electrical service.
Property Size40,000 SF
Price / SF$111.25
Days on Market112
Property Features for 7501 East Front Street
General Information
Standard status
Active
Size
40,000 SF
Property subtype
Industrial
Building Details
Year Built
1978
Buildings
1
Listing Agency:
JLL - Kansas City/Overland Park, Kansas
Listed By:
Nick Tinnel · License #MO
Source:
Crexi
Added: May 11
Changed: Aug 30
Last Checked: Aug 30 at 4:30AM
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 JLL - Kansas City/Overland Park, Kansas
Investment Insights
Based on property information with market context.
This flex-space property combines approximately 40,000 SF of industrial improvements with an approximately 12,000 SF office component. The facility was built in 1978 and provides 18’–20’ clear heights, 25’ x 50’ column spacing, and a wet sprinkler system. Electrical service includes 1,190 amps at 240 volts with 3-phase power. Loading is supported by 3 dock-high doors and 2 drive-in doors.
Situated on approximately 3.67 acres at 7501 East Front Street in Kansas City, MO, the property offers a sizable site for industrial operations and includes parking and exterior circulation areas. Its combination of warehouse, office, loading, and utility features supports a range of industrial and service-oriented configurations.
Situated on approximately 3.67 acres at 7501 East Front Street in Kansas City, MO, the property offers a sizable site for industrial operations and includes parking and exterior circulation areas. Its combination of warehouse, office, loading, and utility features supports a range of industrial and service-oriented configurations.
Key Highlights
- Approximately 40,000 SF industrial facility on approximately 3.67 acres
- Approximately 12,000 SF office component within the facility
- 18’–20’ clear heights with 25’ x 50’ column spacing
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
$320,015
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
7.19%
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%
$6,400,300
$6.4M
Cap Rate 7%
$4,571,643
$4.6M
Cap Rate 9%
$3,555,722
$3.6M
Market Conditions
NOI Build-Up for 40,000 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
$398.4K $9.96/SF
− Vacancy
−$21.9K −$0.55/SF
EGI
$376.5K $9.41/SF
− OpEx
−$56.5K −$1.41/SF
NOI
$320.0K $8.00/SF
Area
Kansas City, MO
Vacancy
5.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
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%
$6,400,300
Cap Rate 7%
$4,571,643
Cap Rate 9%
$3,555,722
Alternative Uses
Best Use
Office B
$8.07M
$7.06M – $9.42M
NOI $565,128 @ 7.0% cap · market cap 12.70%
Second Best
Warehouse
$4.57M
$4.00M – $5.33M
NOI $320,015 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$9.53M
$8.34M – $11.12M
NOI $666,931 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 64120, MO
880
Population
468
Households
1.9
Avg Household Size
30
Median Age
50%
College-Educated
92%
High-School Grad
7.9 sq mi
ZIP Area
111
Density / Sq Mi
$74,954
Median Household Income
$72,679
Median Earnings
$1,623
Median Rent
Market
Vacancy Rate% for Office in Kansas City, MO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility offering warehouse functionality, substantial office space, loading access, and three-phase electrical service.
Where is this flex space located?
The property is located at 7501 East Front Street Kansas City, MO.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: Approximately 40,000 SF industrial facility on approximately 3.67 acres; Approximately 12,000 SF office component within the facility; 18’–20’ clear heights with 25’ x 50’ column spacing
