Technical
Financial
Distress signals
Property profile

7820 Quivira Rd Lenexa, KS 66216

OFF-MARKET
Strip malls
Property ID
US33-0709832
28,425 SF 5.87 ac lot Built 1976
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail investment opportunity presents 53,625 square feet of retail space within the Quivira Square Shopping Center, located at 7820 Quivira Rd, Lenexa, Kansas, 66216. The property, situated on 5.87 acres of land in Johnson County, boasts a prime location with excellent visibility and accessibility. Built in 1976, the center comprises three single-story buildings offering a total of 275 parking spaces for customer convenience. Currently, there are three available spaces ranging from 800 to 6,000 square feet, representing a total of 6,000 square feet of vacant space. The center enjoys a high traffic count of 16,840 cars per day and is conveniently located just 1.9 miles (approximately 5 minutes) from I-35, ensuring high visibility and accessibility for potential customers. The open floor concept provides flexibility for various retail uses. Established tenants include Element Fitness and Third Coast Pizza and Margaritas Restaurant, creating a vibrant and attractive shopping environment. The property's APN is IF241222-4008. This is an ideal opportunity for investors seeking a well-located retail property with strong existing tenancy and significant growth potential.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1976
Construction CONCRETE BLOCKS
Total area 28,425 SF
Lot 5.87 ac (255,697 SF)
Zoning code CP1
APN IF241222-4008
UPID US33-0709832

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Restaurant

Location

7820 Quivira Rd Lenexa, KS 66216-3322
Lenexa metro Census 52419 KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$920k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$920k

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

CP1 · Lenexa, KS
Top alternative use upside
Auto repair, garage $2.2M +36.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7820 Quivira Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message