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    8291-8309 Melrose Dr Lenexa, KS 66214

    Sponsored
    For Lease
    $7 SF/Yr

    Johnson County warehouse space for lease. Multiple units available.

    Lot size:
    33,466 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional warehouse space, located within the desirable Pine Ridge Business Park - Building D in Johnson County, offers a prime opportunity for businesses seeking efficient and accessible industrial space. The single-story building, constructed in 1985, boasts a total of 33,466 square feet, with multiple tenancy options available. Units range from a minimum of 3,432 square feet to a maximum contiguous space of 5,430 square feet, with 13,387 square feet currently vacant. The warehouse features a generous 16-foot ceiling height, ideal for various storage and operational needs. Loading and unloading are facilitated by one loading dock and one drive-in door. Ample parking is provided with 104 surface spaces, designed for convenient access to building entrances (a ratio of 3 spaces per 1,000 square feet). The property is zoned BP-2 and benefits from an excellent location, just 15 minutes from downtown Kansas City and less than 30 minutes from Kansas City International Airport. This makes it an ideal location for businesses needing convenient access to major transportation routes and urban centers. This is a rare opportunity to secure high-quality warehouse space in a thriving Johnson County submarket.

    Property Features for 8291-8309 Melrose Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,466 SF
    Total Rate
    20916.25

    Building Details

    Year Built
    1985
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 8293
    Size
    3,432 SF
    Rate per SF
    $8
    Space
    Suite 8309
    Size
    5,430 SF
    Rate per SF
    $7

    HighLights

    • Retail and industrial warehouse totaling 33,466 square feet.
    • Multiple tenants; 13,387 square feet currently vacant, divisible into units from 3,432 to 5,430 square feet maximum contiguous.
    • Built in 1985, single‑story building with 16' ceilings.
    • Features one loading dock and one drive‑in door; 104 surface parking spaces (approx. 3 per 1,000 SF).
    • Located in Johnson County, zoned BP‑2, with excellent access to major transportation routes.
    • 15 minutes from Downtown Kansas City and under 30 minutes from Kansas City International Airport.
    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
    -94.7064306
    Latitude
    38.9784579

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    FAQs

    What type of property is this?
    Distribution property - Johnson County warehouse space for lease. Multiple units available.
    Where is this distribution property located?
    The property is located at 8291-8309 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: Retail and industrial warehouse totaling 33,466 square feet.; Multiple tenants; 13,387 square feet currently vacant, divisible into units from 3,432 to 5,430 square feet maximum contiguous.; Built in 1985, single-story building with 16' ceilings.
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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
    8291-8309 Melrose Dr Lenexa, KS 66214
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