Technical
Financial
Distress signals
Property profile

11036 Strang Line Rd Lenexa, KS 66215

OFF-MARKET
Warehouses
Property ID
US33-0351214
76,272 SF 9.5 ac lot Built 2000
Entity Owned Free & Clear
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Property summary

AI-generated overview

College Crossing Business Park, Building A, offers a prime opportunity for businesses seeking flexible, high-quality industrial and office space in Lenexa, Kansas. This multi-tenant building boasts a total of 77,035 square feet, with four available suites ranging from a minimum of 12,522 square feet to a maximum contiguous space of 25,862 square feet. The entire building is currently vacant, presenting a unique chance to customize a space to meet specific operational needs. High ceilings, ranging from 24 to 27 feet, provide ample vertical space for various uses, while the robust power supply of 400 amps, 3-phase, 480-volt electricity ensures sufficient capacity for demanding operations. Ample parking is available with a ratio of 3 spaces per 1,000 square feet, totaling 245 spaces. The property is conveniently located at 11036-11068 Strang Line Rd, Lenexa, KS 66215, within the Johnson County submarket and zoned BP-2. This strategic location offers easy access to major transportation routes and a thriving business community. The building's flexible design caters to a wide range of businesses, from light manufacturing and distribution to office and research and development. This is an exceptional opportunity to secure a substantial and well-equipped space in a desirable location.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2000
Construction CONCRETE
Total area 76,272 SF
Lot 9.5 ac (413,820 SF)
Zoning code BP-2
APN IP39000000 0002
UPID US33-0351214

Cap rate & NOI

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

Location

11036 Strang Line Rd Lenexa, KS 66215-2113
Lenexa metro Census 53005 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.41M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.91M

Owner & transaction history

Zoning & alternative use

BP-2 · Lenexa, KS
Zoning description

ommercial District CP-2 Planned Community Commercial District CP-3 Planned Regional Commercial District CP-4 Planned Service Commercial District HBD Planned Historic Business District BP-1 Planned Business Park District…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $5.5M +57.7%
Neighborhood: shopping center $5.3M +50.9%
Commercial (general) $3.8M +9.4%

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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