15602 College Blvd Lenexa, KS 66219
This exceptional Lenexa, Kansas office building, situated on a 2.58-acre lot at 15602-15618 College Boulevard, presents a compelling investment opportunity. Boasting 17,796 square feet of total building area, the property offers 17,796 rentable square feet, divisible to approximately 8,000 square feet, making it ideal for a variety of uses. Constructed in 1989 with durable masonry/CMU construction, the building features six drive-in doors and a convenient exterior scissor lift dock. Ample parking is provided with 109 shared spaces. The property benefits from excellent visibility due to its frontage on College Boulevard and enjoys convenient access to I-435 and I-35, ensuring easy commutes for employees and clients. Zoned BP-1, this property is being offered as a condo sale for $1,870,000. An adjoining 20,658 square foot space (15520-15600 College Blvd) is fully leased and may be included or excluded from the sale. The estimated net lease rate is $5.04 PSF. This is a rare opportunity to acquire a well-located, versatile office building in a thriving Kansas City suburb.
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
BP1 · Lenexa, KSCosts & 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.