7820 Quivira Rd Lenexa, KS 66216-3322
- Strip malls
- 28,425 SF
- 5.87 lot acres
Current Use by Public Records
- Strip malls
Property Details for 7820 Quivira Rd
- Year built
- 1976
- Construction
- CONCRETE BLOCKS
- Lot size
- 5.87 lot acres
- Property size
- 28,425 SF
- Zone code
- CP1
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- IF241222-4008
- APU
- IF2412224008
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $920,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,794,000
Market price range: $927k - $2.06M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,585,000 Current use
- AUTO REPAIR, GARAGE
- $2,160,000 Change: +36% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,520,000 Change: -4% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,300,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lenexa
- County
- Johnson
- State
- Kansas
- Longitude
- -94.7248
- Latitude
- 38.9865
- CBSA code
- 28140
- CBSA name
- KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA