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    87Th St Pkwy And Renner Blvd Lenexa, KS 66219

    For Sale
    Contact for pricing

    Class A Office Space, 375 Units

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    City Center Lenexa offers exceptional Class A executive office suites within a vibrant, mixed-use development. This prime 69-acre site, located at the southwest quadrant of I-435 and 87th Street Parkway in affluent Johnson County, Kansas (zip code 66219), boasts a strategic location with immediate access to major transportation arteries. The development currently includes The District, Renner 89, The Domain Apartments, Lifetime Fitness, and the Kiewit Headquarters Campus. Future phases will incorporate Lenexa's new civic campus, featuring a recreation center, city hall, Park University campus, and a public market. This expansive project will ultimately encompass over 2 million square feet, including nearly 1 million square feet of office and retail space, and 375 residential units. The property offers significant advantages for businesses, including walkable amenities catering to both daytime and evening/weekend visitors, ample structured parking, prominent signage opportunities, and shovel-ready, fully entitled land for future expansion. The five-story building provides 375 individual units, ideal for a variety of business needs. This is a truly unique opportunity to establish a presence in a thriving, rapidly growing community. The development's comprehensive design prioritizes convenience and accessibility, making it an attractive location for employees and clients alike.

    Property Features for 87Th St Pkwy And Renner Blvd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1 SF
    Class
    A
    Lot Size
    3,005,640 SF

    Building Details

    Stories
    5
    Units
    375

    HighLights

    • Excellent walkability with nearby amenities catering to employees and visitors.
    • Abundant structured parking is available.
    • Prestigious location suitable for corporate headquarters.
    • High‑visibility signage opportunities are available.
    • Direct access to Interstate 435.
    • Fully entitled and ready for immediate construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lenexa
    County
    Johnson
    State
    Kansas
    Longitude
    -94.7798851
    Latitude
    38.9708299

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, 375 Units
    Where is this office property / space located?
    The property is located at 87Th St Pkwy And Renner Blvd Lenexa, KS.
    What are key features of this property?
    This property features: Excellent walkability with nearby amenities catering to employees and visitors.; Abundant structured parking is available.; Prestigious location suitable for corporate headquarters.
    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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