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401 S Clairborne Rd
Olathe, KS 66062

Office Property For Sale

Executive Summary

TOTAL SIZE: 27,637 RSF
THREE STORIES
(9,212 RSF FLOOR PLATES)
OCCUPANCY: 64%
BUILT: 1976
ACREAGE: 0.88 ACRES
ROOF: TPO (2015)
NEW HVAC IN 2012
GREAT LOCATION - LOCATED TWO BLOCKS
FROM SANTA FE (135TH) & I-35
BELOW MARKET LEASE RATES
CURRENT NOI: $86,037.76
SALE PRICE: $1,200,00 ($43.00 PSF)
CAP RATE: 7%

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
27,637 SF
Building Class
B
Year Built
1976
Price
£961,800
Price Per SF
£35
Net Initial Yield
8.44%
NOI
£81,166
Percent Leased
95%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
9,212 SF
Slab to Slab
12 ft
Building FAR
0.72
Lot Size
0.88 AC
Zoning
CO
Parking
100 Spaces (3.62 Spaces per 1,000 SF Leased)
 

  • Listing ID: 26774058

  • Date on Market: 04/10/2022

  • Last Updated:

  • Address: 401 S Clairborne Rd, Olathe, KS 66062

The Office Property at 401 S Clairborne Rd, Olathe, KS 66062 is currently available for sale. Contact Peak Real Estate Partners for more information.

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