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Financial
Distress signals
Property profile

13502 87th St Pkwy Lenexa, KS 66215

OFF-MARKET
Retail space
Property ID
US33-1071186
14,906 SF 1.77 ac lot Built 2009
Last sale Nov 2013
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a CVS Pharmacy facility located at 13502 W. 87th Street Parkway in Lenexa, Kansas. It is structured under a triple-net lease framework, placing operating and maintenance responsibilities on the tenant and leaving landlord responsibilities assigned as zero. The lease includes provisions for tenant renewal, consisting of ten five-year renewal options that, if fully exercised, would extend the total lease term to 75 years. The property is conveyed with the existing lease configuration in place.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$75k
Tax billed · 2023
Assessed value$650k
Assessed land$232k
Assessed improvement$418k
Effective rate11.56%

Value estimate

· Oct 2026
$750k
$675k – $825k
CAP approach$2.22M
Submarket $/SF estimate$1.76M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CP2
JurisdictionJOHNSON

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.8
Furniture Store9.7
Laundry Service9.7

Location

13502 87th St Pkwy Lenexa, KS 66215-4503
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 9 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
13705 College, Olathe, KS 66215-4067 $420,000 Apr 2023 1,248 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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