8700 Bourgade St, Lenexa, KS 66219

The property at 8700 Bourgade is a single-story medical office building with 13,430 rentable square feet on a 1.62-acre site. Zoned as Planned Neighborhood Office (NPO), the building features drive-up convenience and a surface parking lot with 61 spaces. Originally built in 1988, the building was purchased in 2021 and transformed into a fully occupied, four-tenant property. Over $1.1 million has been invested in tenant improvements during the last 24 months, exclusive of tenant contributions. The tenant base includes three dental specialties: Pediatric Dentistry, Periodontics, and Orthodontics, representing approximately 89% of the building’s occupancy. These tenants signed 10-year leases in 2024-2025 with multiple renewal options. Located just east of Interstate 435 and 87th Street in Lenexa, near Lenexa City Center, the property is situated in an affluent area with upper-end housing and mixed-use projects, including recently constructed medical office space. The 87th Street Corridor between Quivira Rd and I-435 is developed with retailers, restaurants, churches, public parks, and schools. The population density within a one-mile radius is almost 5,000 people per-square-mile, totaling 7,200 households. Next door is Sonoma Plaza, an 85-acre mixed-use development with luxury apartments, retail shopping, and restaurants, including McKeever’s Grocery Market, Starbucks, and Chick-fil-A. Average household income ranges from $116,000 to $119,000 within a five-mile radius and is projected to rise by 2029.