16000-16200 116Th St Lenexa, KS 66219
This exceptional 606,580-square-foot flex space in Lenexa, Johnson County, offers unparalleled logistics capabilities. The building boasts a modern design featuring tilt-wall construction, energy-efficient reflective glass, and a substantial 36-foot clear height. Its strategic location provides immediate access to major thoroughfares including I-35, I-435, and Highway 10, ensuring efficient transportation. The facility includes a comprehensive loading configuration with 48 dock-high doors (60 - 9'x10' with 45,000# mechanical levelers, dock seals, and lights), plus 4 drive-in doors. Ample parking is available with space for up to 464 cars and 111 trailers. The property sits on a generous 31.005-acre lot and is zoned BP-2 Planned Manufacturing. Internal features include LED lighting, clerestory windows, and an ESFR sprinkler system. Power is provided by a 200-amp 277/480-volt system and a fifty-amp 120/208-volt system. A significant advantage is the availability of a 10-year PILOT (Payment In Lieu Of Taxes) schedule, offering substantial tax benefits. The entire 606,580 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a large, high-quality industrial space in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.