• Broker Mark Talley, CCIM, SIOR 9139565810
  • Broker Brandon LaSala 9133621000

Southpark Commons 5 Office Properties Offered at $1,990,000 in Olathe, KS

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EXECUTIVE SUMMARY

Southpark Commons presents an exceptional investment opportunity in the thriving Olathe, Kansas market. This stabilized commercial property offers a strong current occupancy rate of 92%, generating a solid Net Operating Income (NOI) of $179,097. Priced competitively at $1,990,000, the property promises immediate cash flow with significant upside potential.
One remaining 2,439 SF vacancy, in excellent move-in-ready condition, offers an exciting opportunity for future growth. At a market rental rate of $14 Net, filling this space could increase the property’s NOI to an impressive $213,243, enhancing its already attractive returns. Southpark Commons is a rare chance to secure a high-performing asset with room for further value creation.
Please contact agents for additional information.

ATTACHMENTS

Olathe_KS_Southpark-Commons_OM-Teaser_2024

PROPERTY FACTS

Price $1,990,000
Price / SF $56.02 / SF
Cap Rate 9%
Sale Type Investment or Owner User
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 35,525 SF
Total Land Area 17.55 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1337 S Fountain Dr, Olathe, KS 66061 Office 12,510 SF - -
1325-1327 S Fountain Dr, Olathe, KS 66061 Office 3,980 SF 1990 -
1315-1317 S Fountain Dr, Olathe, KS 66061 Office 4,921 SF 1991 -
1349 S Fountain Dr, Olathe, KS 66061 Office 6,959 SF 1990 -
1305-1309 S Fountain Dr, Olathe, KS 66061 Office 7,155 SF 1990 -
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LINKS

  • Property Website

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ADDITIONAL PHOTOS

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  • Listing ID: 18253707

  • Date on Market: 1/21/2020

  • Last Updated: 4/29/2025

  • Address: Southpark Commons, Olathe, KS

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