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    8341-8375 Melrose Dr Lenexa, KS 66214

    For Lease
    $7 SF/Yr

    Johnson County industrial warehouse space for lease.

    Lot size:
    41,285 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This single-story, 41,285-square-foot warehouse building, constructed in 1984, offers multiple tenancy options in the desirable Johnson County submarket. The property features a 14-foot ceiling height and boasts 147 parking spaces conveniently located near building entrances, ensuring easy access for employees and clients. Currently, there is 8,933 square feet of vacant space available, divisible into units as small as 2,125 square feet, with a maximum contiguous space of 6,808 square feet. The building is zoned BP-1, providing flexibility for various industrial uses. Its prime location offers excellent access, situated just 15 minutes from downtown Kansas City and under 30 minutes from Kansas City International Airport. The property includes one drive-in door for convenient loading and unloading. This is an exceptional opportunity for businesses seeking efficient and well-located warehouse space in a thriving area. The building's design prioritizes ease of access and ample parking, making it an ideal choice for various industrial operations. Contact us today to learn more about leasing opportunities.

    Property Features for 8341-8375 Melrose Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,285 SF
    Total Rate
    24943.02

    Building Details

    Year Built
    1984
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 8375
    Size
    6,808 SF
    Rate per SF
    $7
    Space
    Suite 8343
    Size
    2,125 SF
    Rate per SF
    $8

    HighLights

    • 41,285 SF industrial warehouse/distribution building in Johnson County.
    • Multiple tenants; 2,125 SF - 6,808 SF spaces available; 8,933 SF currently vacant.
    • 1‑story building, 14' ceiling height, built in 1984.
    • 147 parking spaces, 1 drive‑in door.
    • Excellent Johnson County location, 15 minutes from downtown Kansas City, under 30 minutes from KCI Airport.
    • BP‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7060494
    Latitude
    38.9776826

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    FAQs

    What type of property is this?
    Distribution property - Johnson County industrial warehouse space for lease.
    Where is this distribution property located?
    The property is located at 8341-8375 Melrose Dr Lenexa, KS.
    What is the lease rate?
    The lease rate is $7-$8 SF/Yr.
    What are key features of this property?
    This property features: 41,285 SF industrial warehouse/distribution building in Johnson County.; Multiple tenants; 2,125 SF - 6,808 SF spaces available; 8,933 SF currently vacant.; 1-story building, 14' ceiling height, built in 1984.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8341-8375 Melrose Dr Lenexa, KS 66214
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