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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 87 & Renner Blvd Lenexa, KS 66219

24,050 SF 27.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Lenexa, Kansas property, located at the corner of 87th Street and Renner Boulevard, offers 24,050 square feet of versatile space ideal for executive offices or restaurants. The building, boasting four stories, is situated on a substantial 27.5-acre lot and features ample parking in both a large surface lot and a garage. Currently, the entire 24,050 square feet is vacant and available for lease. The minimum divisible space is 12,000 square feet, with a maximum contiguous space of 12,050 square feet. The property is classified as retail and office, with a subtype of executive office and restaurant, making it suitable for a variety of uses. The building consists of two suites, providing flexibility for single or multi-tenant occupancy. This property is part of the Restaurant Row at Lenexa’s City Center, a developing area with a planned public plaza along City Center Drive. This presents a unique opportunity to establish a presence in one of Lenexa's fastest-growing downtown areas. The property's Johnson County location and 66219 zip code offer excellent access to transportation and amenities. The building's size and parking provisions make it an attractive option for businesses seeking a prominent location with ample space and convenient parking for employees and clients.

Property profile
Verified
Property type Retail properties & Spaces
Total area 24,050 SF
Lot 27.5 ac (1,197,900 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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