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    87th St Pkwy And Renner Blvd Lenexa, KS 66219

    For Lease
    Contact for pricing

    Prime Lenexa location, 12,443 sqft, multiple suites.

    Lot size:
    12,443 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional retail and restaurant opportunity is located at the southwest corner of 87th Street Parkway and Renner Boulevard in Lenexa, Kansas, zip code 66219. The property comprises a 12,443 square foot building currently offering three vacant suites, perfect for multiple tenants. Each suite offers flexibility, with a minimum divisible space of 2,975 square feet and a maximum contiguous space of 5,403 square feet. This prime location is part of Lenexa's City Center, situated within a vibrant cluster of four buildings opening to a public plaza along City Center Drive. The property is in Johnson County, Kansas, and benefits from being in the fastest-growing area of Lenexa's downtown, with significant future development planned. This presents a unique chance to establish a presence in a thriving commercial hub, attracting a diverse customer base. The property's high visibility and convenient access make it an ideal location for a variety of retail and restaurant concepts. All 12,443 square feet are currently available for lease. This is an exceptional opportunity to secure a prominent position in a rapidly expanding area of Lenexa.

    Property Features for 87th St Pkwy And Renner Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,443 SF

    Unit(s) available at that property

    Space
    PHASE 1 A1
    Size
    4,065 SF
    Space
    PHASE 1 A4
    Size
    2,975 SF
    Space
    PHASE 2 A2 & A3
    Size
    5,403 SF

    HighLights

    • Two spaces remaining, 2,975 - 4,000 SF each, with ample outdoor patio space.
    • Phase I underway, breaking ground June 2023, delivery March 2024.
    • Future phases include 10,000 SF of restaurant/retail and 50,000 SF of office space.
    • High‑visibility signage on Renner Road.
    • Immediate I‑435 access.
    • Flexible square footage; free‑standing or multi‑tenant options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7798856
    Latitude
    38.970842

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    FAQs

    What type of property is this?
    Restaurant - Prime Lenexa location, 12,443 sqft, multiple suites.
    Where is this restaurant located?
    The property is located at 87th St Pkwy And Renner Blvd Lenexa, KS.
    What are key features of this property?
    This property features: Two spaces remaining, 2,975 - 4,000 SF each, with ample outdoor patio space.; Phase I underway, breaking ground June 2023, delivery March 2024.; Future phases include 10,000 SF of restaurant/retail and 50,000 SF of office space.
    Request Owner's contact information
    87th St Pkwy And Renner Blvd Lenexa, KS 66219
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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
    87th St Pkwy And Renner Blvd Lenexa, KS 66219
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