Warehouse with Eight Dock
8325-8339 Nieman Rd Lenexa, KS 66214
For Sale
Contact for pricing
Fenced, gated truck-accessible parking with eight dock doors and a flexible multi-tenant warehouse layout.
Property Size24,416 SF
Price / SF$90.10
Days on Market16
Property Features for 8325-8339 Nieman Rd
General Information
Standard status
Active
Size
24,416 SF
Property subtype
INDUSTRIAL
Listing Agency:
Haith and Company, Inc.
(913) 888-3456
Listed By:
Jake LaFevers · License #2011012354
(816) 642-7287
Source:
Moodyscre
Added: Jul 14
Changed: Jul 29
Last Checked: Jul 29 at 6:20PM
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 Haith and Company, Inc.
Investment Insights
Based on property information with market context.
This warehouse offers an owner-user setup with up to 21,157 SF available within a 24,416 SF facility. The layout is currently configured for six tenants, with suite sizes ranging from 1,400 to 8,326 SF. Operations are supported by eight dock doors.
The property features a fenced and gated back parking lot with truck accessibility, designed for easier loading and circulation. It’s located right off I-35 and Highway 69 in Lenexa, Kansas.
The building roof is approximately 20 years old, which may be a key consideration for insurance and long-term capital planning.
The property features a fenced and gated back parking lot with truck accessibility, designed for easier loading and circulation. It’s located right off I-35 and Highway 69 in Lenexa, Kansas.
The building roof is approximately 20 years old, which may be a key consideration for insurance and long-term capital planning.
Key Highlights
- Up to 21,157 SF available within a 24,416 SF warehouse
- Eight dock doors for loading and tenant access
- Currently set up for six tenants with 1,400–8,326 SF suites
Financial Insights For Warehouse
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 | $139.7k | $5.72 |
| − Vacancy | −$8.9k | −$0.37 |
| EGI | $130.7k | $5.35 |
| − OpEx | −$19.6k | −$0.80 |
| NOI | $111.1k | $4.55 |
24,416 SF · lease $5.72/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.59M
$1.39M – $1.85M
NOI $111,113 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$1.31M
$1.15M – $1.53M
NOI $91,798 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$5.91M
$5.17M – $6.89M
NOI $413,639 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Vic's Moving & Storage — 8821 Lenexa Dr, Overland Park, KS 66214
- Casey Associates Inc — 8307 Melrose Dr, Lenexa, KS 66214
- Concepts For Business LLC — 8343 Melrose Dr, Overland Park, KS 66214
- Public Storage — 12100 Santa Fe Trail Dr, Lenexa, KS 66215
- Public Storage — 11925 Santa Fe Trail Dr, Lenexa, KS 66215
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced, gated truck-accessible parking with eight dock doors and a flexible multi-tenant warehouse layout.
Where is this warehouse located?
The property is located at 8325-8339 Nieman Rd Lenexa, KS.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Up to 21,157 SF available within a 24,416 SF warehouse; Eight dock doors for loading and tenant access; Currently set up for six tenants with 1,400–8,326 SF suites
