7311 132Nd StOverland Park, KS 66213

  • Office properties
  • 71,676 SF
For Lease
$24/SF/YR View listing

Property Details for 7311 132Nd St

Year built
2001
Construction
CONCRETE
Lot size
4.26 AC
Property size (Sq ft)
71,676 SF
Zone code
CPO
Property type
Office properties
APN
NP79570000 0020
APU
NP795700000020

Description

Southcreek XVI, a three-story Class B office building, presents a unique opportunity for businesses seeking space in Overland Park, Kansas. Located at 7311 W 132nd St, zip code 66213, this 69,470 square foot building offers multiple tenancy options, with a total of 69,470 square feet currently vacant. Constructed in 2000, the building provides a modern workspace in the desirable southern Johnson County area. The available space is highly flexible, with individual suites ranging from 1,584 square feet to 23,590 square feet, catering to a variety of business needs and sizes. This presents an exceptional chance to establish a presence in a well-maintained building within a thriving commercial district. The building's strategic location offers convenient access to major transportation routes and amenities, making it an attractive option for employees and clients alike. The entire building is available for lease, providing a significant opportunity for a single tenant or the potential for multiple tenants to occupy this prime commercial real estate. Contact us today to learn more about leasing options and explore the possibilities of establishing your business at Southcreek XVI.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,643,031
    6.5%
    $13,516,644
    7%
    $12,551,170
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,126,984
    Geo Method
    $5,126,984
  • Alternative Use

    Use
    Valuation
    Residential
    $16,760,639
    Hospitality
    $15,352,655
    Educational
    $12,773,229
    Medical
    $13,212,520
    Retail
    $19,869,466
7311 132Nd St, Overland Park, Kansas

Location Insight

City
Overland Park
County
Johnson
State
Kansas
Latitude
38.8895
Longitude
-94.6711
CBSA code
28140
CBSA name
KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$228,446
$417,630
$1,732,620
$2,150,250
-
$1,670,520
$6,930,480
$8,601,000

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