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Property profile

116 116Th St Lenexa, KS 66219

OFF-MARKET
Retail properties & Spaces
41,765 SF
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Property summary

AI-generated overview

This exceptional retail property, located at the prominent 116th & Renner intersection in Lenexa, Kansas (zip code 66219), offers 41,765 square feet of versatile commercial space. Situated in Johnson County, this building presents a significant opportunity for investors and businesses alike. The asking price is $1,365,606. The property's strategic location within Lenexa provides excellent visibility and accessibility, making it ideal for a variety of retail uses. While the total available square footage within the larger complex is 248,292 square feet, this listing specifically focuses on the 41,765 square foot Building 1. This building is categorized as retail and land, offering a unique blend of opportunities. The property's precise latitude and longitude coordinates are 38.9177222 and -94.7794239 respectively. This is a for-sale opportunity and represents a compelling investment in a thriving Kansas market. Further details regarding the specific land component and potential uses are available upon request. Don't miss this chance to acquire a prime retail location in a high-growth area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 41,765 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

116 116Th St Lenexa, KS 66219
Lenexa metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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