8320 Ward PkwyKansas City, MO 64114

Property Details for 8320 Ward Pkwy

Year built

1989

Construction

STEEL FRAME

Lot size

1.93 AC

Property size (Sq ft)

16,522 SF

Property type

Office buildings

APN

48-320-15-20

APU

483201520

Description

This exceptional Class A office space, located at 8320 Ward Parkway in Kansas City, Missouri, presents a unique sublease opportunity. Situated in Jackson County, zip code 64114, this single-tenant property offers a flexible footprint ranging from 21,320 to 42,640 square feet within a larger building totaling 102,900 square feet. The space features an open office/open ceiling concept, ideal for a variety of businesses seeking a modern and adaptable workspace. The property's traditional office subtype ensures a professional and established environment. Its convenient location in Kansas City offers excellent access to major transportation routes and amenities, making it an attractive option for companies seeking a high-profile address. The building's substantial size provides ample space for expansion or consolidation, catering to businesses of varying scales. This sublease presents a chance to secure premium office space in a desirable location without the long-term commitment of a direct lease. The property is ready for immediate occupancy, offering a seamless transition for businesses seeking a quick and efficient relocation. Interested parties are encouraged to inquire for further details and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $3,097,015

  6.5%

  $2,858,783

  7%

  $2,654,584

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,181,819

  Geo Method

  $1,181,819

• Alternative Use

  Use

  Valuation

  Residential

  $3,544,891

  Hospitality

  $3,247,101

  Educational

  $2,701,550

  Medical

  $2,794,461

  Retail

  $4,202,412

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

38.9777

Longitude

-94.6074

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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