This Office Property is Off-Market.

6800 W 115th Street
Overland Park, KS 66211 ·

585,257 SF · Office For Sale

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Overland Park Trade Center

Price N/A Cap Rate 7.10%
Building Size 585,257 SF Building Class B
Property Type Office Year Built 1986
Property Sub-type Office Building Lot Size 31.20 AC
Property Use Type Vacant/Owner-User
Listing ID: 14368373 Date Created: 10/13/2005 Last Updated: 08/23/2006

Description

Property consists of an office building- 585,257 sf, an exhibit hall- 51,391. 100% leased to 3 tenants. Approximately 40% is investment grade with only 15% of leases expiring in next nine years. Newly renovated property with over $15 million in capital improvements completed in 2005. Total expenses-$7.00-$7.50. Offering also offers 20.54 acres of adjoining vacant land available for sale, priced separately for $11,300,000, $12.63 per acre. Owner will sub divide. Property has frontage on Metcalf Ave to the west, 112th Street to the north and 115th Street to the east. Directly adjacent to the north is the Overland Park Trade Center. The topography of the vacant ground is relatively flat.

Located in prestigious JOCO submarket, most dynamic office submarket in KS MSA. Access is excellent with I-435 to the north and US 69 Hwy to west, 119th to south, State Line Rd to east. Sits across street to Sprint World Headquarters. Vacant land located adjacent to and north of the Overland Park Trade Center available for sale.

Research

6800 W 115th Street, Overland Park, KS 66211 (Johnson County)

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