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10901 W 84th Ter
Lenexa, KS 66214
Three Pine Ridge Plaza · Office Property For Sale
Investment Highlights
- Year Built: 1986
- Floors: 4
- Site: 3.18 Acres
- Occupancy: 95.84%
- Tenants: 8
- Asking Price: Market
Executive Summary
Three Pine Ridge (the “Property”) is a 62,225-square-foot, multi-tenant office building located at 10901 W. 84th Terrace in Lenexa, Kansas. This is one of the Kansas City metro’s most desirable suburban office submarkets. The Property is strategically positioned within Johnson County, offering convenient access to major transportation corridors and strong surrounding amenities, making it attractive to a diverse tenant mix.
The Property is currently 95.8% occupied by a stable roster of tenants across a variety of industries, including engineering, professional services, and flexible office providers. The rent roll is anchored by Henderson Engineers (21,864 SF) and complemented by a mix of long-term tenants with staggered lease expirations, providing durable in-place income and minimized rollover risk. The Property has a100% renewal rate of tenants over the past 5 years.
The Property is currently 95.8% occupied by a stable roster of tenants across a variety of industries, including engineering, professional services, and flexible office providers. The rent roll is anchored by Henderson Engineers (21,864 SF) and complemented by a mix of long-term tenants with staggered lease expirations, providing durable in-place income and minimized rollover risk. The Property has a100% renewal rate of tenants over the past 5 years.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
62,225 SF
Building Class
B
Year Built
1986
NOI
$833,843
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
15,556 SF
Slab To Slab
11’
Building FAR
0.45
Lot Size
3.18 AC
Zoning
BP1
Parking
253 Spaces (4.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | IP60500000-0020 | Improvements Assessment | $1,489,808 |
| Land Assessment | $129,943 | Total Assessment | $1,619,751 |
Property Taxes
Parcel Number
IP60500000-0020
Land Assessment
$129,943
Improvements Assessment
$1,489,808
Total Assessment
$1,619,751
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