13420 98th St Lenexa, KS 66215-1362
This exceptional 8,708 square foot creative office building in Lenexa, Kansas, presents a compelling owner-user opportunity. Located at 13420 W 98th St, this single-story, Class B building, constructed in 1999, sits on a 2.11-acre lot and is zoned BP1. Currently boasting 100% occupancy with a strong tenant occupying 5,056 square feet under lease until February 1st, 2025, 3,652 square feet are available for an owner-occupier or for lease. Recent improvements include a new roof, updated landscaping, and a fresh tenant finish in the available space. The parking lot was seal coated and restriped in Spring 2020. The asking price for this multi-tenant property is $1,470,000, translating to $168.81 per square foot. This prime location on the west end of the College Boulevard corridor offers excellent access to numerous amenities, making it an ideal investment for a business seeking both space and a strong return. The property's strong tenant base and recent upgrades ensure a seamless transition for the new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.