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Multi-Tenant Office Building
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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 Market385

Property Features for 9201 W 133rd St

General Information

Standard status Active
Size 10,836 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

Exterior Signage
Convenient Parking
Listing Agency: NAI Heartland | Kansas City
Listed By: Brandon LaSala
Source: Moodyscre
Added: Jul 11, 2025 Changed: Jul 25 Last Checked: Jul 29 at 3:17PM

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

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.

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 For Office B

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 $227.6k $21.00
− Vacancy −$44.4k −$4.10
EGI $183.2k $16.90
− OpEx −$45.8k −$4.23
NOI $137.4k $12.68
10,836 SF · lease $21.00/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.96M
$1.72M – $2.29M (±1% cap)
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 (±1% cap)
NOI $195,438 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

BioFit Therapy Based ... Gym & Fitness Center Ruckus Group Advertising Agency Westside Dance Company Training Center Richard Lambert Physician Reid Johnson Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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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
(913) 956-5815 Call to check price and availability
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