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Property profile & analytics
OFF-MARKET
Office Spaces

13420 98th St Lenexa, KS 66215-1362

9,000 SF 1.04 ac lot Built 1999
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US33-1013726
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1999
Total area 9,000 SF
Lot 1.04 ac (45,398 SF)
APN IF241303-1046
UPID US33-1013726
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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Owner & transaction history
Exchange 98 LLC · 5 yrs held
Exchange 98 LLC
since 2020
3 recorded transactions
2025
Price N/A
2020
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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