Multi-Tenant Office
For Sale
Contact for pricing
9201 W 133rd St, Overland Park, KS 66221
Multi-tenant office building with exterior signage and convenient parking, plus a currently vacant 1,962 RSF space.
Property Size10,836 SF
Price / SF$205
Days on Market476
Property Features for 9201 W 133rd St
General Information
Standard status
Active
Size
10,836 SF
Property subtype
OFFICE
Site & Location
Neighborhood
135th St Town Square
Highway Access
Yes
Amenities
Exterior Signage
Convenient Parking
Listing Agency:
NAI Heartland | Kansas City
(913) 362-1000
Listed By:
Brandon LaSala · License #1999131927
(913) 956-5815
Source:
Moodyscre
Added: Jul 11, 2025
Changed: Oct 25
Last Checked: Oct 28 at 10:39AM
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 Heartland | Kansas City
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Investment Insights
Based on property information with market context.
This multi-tenant office building totals 10,836 RSF and is configured to support both leasing and buyer occupancy. A 1,962 RSF office suite is currently vacant and available for lease. For buyers seeking to occupy space, up to 3,653 RSF is available beginning 1/1/2025. The building also includes an existing long-term tenant in place for 7,183 RSF.
Additional amenities include exterior signage and convenient parking, along with highway access. The property is described as being in a top demographic area within the KC Metro.
Overall, the building offers a split-use structure with meaningful in-place income coverage and flexible availability for an owner-occupant or additional tenants.
Additional amenities include exterior signage and convenient parking, along with highway access. The property is described as being in a top demographic area within the KC Metro.
Overall, the building offers a split-use structure with meaningful in-place income coverage and flexible availability for an owner-occupant or additional tenants.
Key Highlights
- 10,836 RSF multi‑tenant office building
- Currently vacant 1,962 RSF space available for lease
- Up to 3,653 RSF available for buyer occupancy on 1/1/2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,387
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,740
$2.7M
Cap Rate 7%
$1,962,671
$2.0M
Cap Rate 9%
$1,526,522
$1.5M
Market Conditions
NOI Build-Up for 10,836 SF
Gross rent
$227.6K $21.00/SF
− Vacancy
−$44.4K −$4.10/SF
EGI
$183.2K $16.90/SF
− OpEx
−$45.8K −$4.23/SF
NOI
$137.4K $12.68/SF
Area
Overland Park, KS
Vacancy
19.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,747,740
Cap Rate 7%
$1,962,671
Cap Rate 9%
$1,526,522
Alternative Uses
Best Use
Office B
$1.96M
$1.72M – $2.29M
NOI $137,387 @ 7.0% cap · market cap 6.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.79M
$2.44M – $3.26M
NOI $195,438 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 66221, KS
24,818
Population
8,656
Households
2.9
Avg Household Size
38
Median Age
76%
College-Educated
99%
High-School Grad
12.1 sq mi
ZIP Area
2,051
Density / Sq Mi
$198,030
Median Household Income
$92,604
Median Earnings
$1,685
Median Rent
$670,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with exterior signage and convenient parking, plus a currently vacant 1,962 RSF space.
Where is this office building located?
The property is located at 9201 W 133rd St Overland Park, KS.
What is the asking price?
The asking price for this property is $2,221,380.
What are key features of this property?
This property features: 10,836 RSF multi‑tenant office building; Currently vacant 1,962 RSF space available for lease; Up to 3,653 RSF available for buyer occupancy on 1/1/2025
