Historical Office Sale Listing - Overland Park Trade Center

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Overland Park Trade Center

6800 W 115th Street, Overland Park, KS 66211

N/A

585,257 SF | Office

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Overland Park Trade Center

Office Property - Off Market

Price:
N/A
Building Size:
585,257 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Vacant/Owner-User
Cap Rate:
7.10%
Building Class:
B
Year Built:
1986
Lot Size:
31.20 AC
Listing ID
14368373
Last Updated
over 1 year ago

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.

Map of 6800 W 115th Street, Overland Park, KS 66211

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Created 10/13/2005