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7936-7936 Quivira Rd
Lenexa, KS 66215
Four Colonies Plaza Shopping Center · Property For Lease

Highlights

  • For Sale - Stable mix of service, retail and office tenants.
  • Major Renovations Completed in Spring 2020 includes roof, facade, landscaping and paint
  • Four Colonies Retail - Located at busy 79th and Quivira Signalized Intersection - 40,632/cars/day
  • 26,616 SF Retail/Mixed Use on 3.11 Acres

Property Facts

Property Type Retail
Property Subtype Storefront
Gross Leasable Area 26,616 SF
Year Built/Renovated 1974/1997
Parking Ratio 6.09/1,000 SF

About the Property

Join an eclectic community of small businesses in this high traffic Lenexa, Kansas mixed use center. Shaded sidewalks and open common areas connect the community. Local family ownership with proven commitment to helping small businesses succeed. 7928-7930 Quivira 2,300 SF m/l - $3,200/month - $15.36/SF - Retail 7924 Quivira 960 SF m/l - $1,600/month - $20/SF - Office/Retail 7922 Quivira 1,232 SF m/l - $1,540/month - $15/SF - Office Ste E 2nd Floor 600 SF m/l - $750/month - $15/SF - Office Current users include restaurant, insurance, beauty salon, offices, spa and church with a bank and mail drop on site. Facade and roof renovations completed Spring 2020. August 2020 APOD/Rent Roll Actual Rents: $226,200 (annual) Royal Prestige: $1,500 Church on North: $2,200 Le Peep: $5,000 G/L Trendsetter: $7,700 Farmers Insurance: $ 800 Corner Salon: $ 550 Church in 7930: $1,100 Current Monthly Total Leases: $18,850/month Projected Additional Rents: $85,080 (annual) 7928-7930: $3,200 ($15.36/SF) 2,300 SF m/l 7924/Corner Office: $1,600 ($20/SF) 960 SF m/l 7922/Office: $1,540 ($15/SF) 1,232 SF m/l Ste E 2nd Floor: $750 ($15/SF) 600 SF m/l Projected Total Additional Rents: $7,090/month Total Actual and Projected Rents: $311,280 (annual) Expenses: $114,368 (annual) Taxes: $2.66/SF ($70,718) OpEx: $1.64/SF ($43,650) Total Expenses: ($114,368) NOI based on actual rents: $111,832 NOI based on actual and projected: $196,912 Total Square Footage: 26,616 on 3.11 Acres Current Vacancy: 10.46%

  • Restaurant
  • Signage

Attachments

57823
7902 Quivira Actual_Projected Income y Expenses
  • Listing ID: 18855905

  • Date on Market: 3/13/2020

  • Last Updated:

  • Address: 7936-7936 Quivira Rd, Lenexa, KS 66215

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