16825 116Th StLenexa, KS 66219

Property Details for 16825 116Th St

Year built

2001

Construction

CONCRETE

Lot size

3.17 AC

Property size (Sq ft)

19,553 SF

Zone code

BP1

Property type

Office properties

APN

IP63900000 0004A

APU

IP639000000004A

Description

This exceptional 7,000-square-foot flex space, located at 16825 W 116th St in Lenexa, Kansas, 66219, presents a unique opportunity for businesses seeking versatile office and industrial space. Built in 2001, the Renner Business Center offers a completely vacant, single-tenant occupancy option. The property boasts a flexible layout ideal for a variety of uses, catering to both office and industrial needs. The building's total square footage is 7,000 square feet, all of which is currently available for lease. Ample parking is provided with a ratio of six spaces per 1,000 square feet. This prime location in Lenexa, Kansas offers easy access to major transportation routes, making it an attractive option for businesses seeking convenient commutes and efficient logistics. The property is classified as both office and industrial, providing a unique blend of functionality and adaptability. The building's modern design and spacious layout offer a comfortable and productive work environment. This is an excellent opportunity to secure a substantial and versatile space in a thriving Kansas City suburb. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $3,759,252

  6.5%

  $3,470,079

  7%

  $3,222,216

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,398,626

  Geo Method

  $1,398,626

• Alternative Use

  Use

  Valuation

  Residential

  $4,302,898

  Hospitality

  $3,941,432

  Educational

  $3,279,225

  Medical

  $3,392,002

  Retail

  $5,101,016

Location Insight

City

Lenexa

County

Johnson

State

Kansas

Latitude

38.9171

Longitude

-94.7815

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].