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  • Zip Code
    66202Zip Code
  • Property Type
    OfficeProperty Type
  • Occupancy
    93%Occupancy
  • Square Feet
    19,307 SFSquare Feet
  • Tenancy
    MultiTenancy
  • Asking Price
    $1,300,000Asking Price

Description

NAI Heartland is pleased to present Corporate Village, a four building office complex with 27 tenant spaces situated on 1.75 acres in Merriam, Kansas. The property is currently 93% occupied by a mix of short term office users with the average suite size of 1,000 SF. The majority of tenants have signed “out” clauses for redevelopment purposes. Corporate Village is located to the east of the new $136 million project called Merriam Grand Station. This development includes two apartment complexes, space for up to five restaurants or retail businesses and green space for live music and yard games. Building on the hype of Merriam Grand Station provides an ideal time for an investor to take advantage of the retail redevelopment opportunity Corporate Village offers.

Offering Summary

  • Asking Price
    $1,300,000

Sale Details

  • Cap Rate
    6.77%

Documents

Property Address

8001-8115 Shawnee Mission Parkway
Merriam, KS 66202

Property Details

  • Property Type
    Office
  • Square Feet
    19,307 SF
  • Occupancy
    93%
  • Tenancy
    Multi

Deal Team

Sean Fulp profile image

Sean Fulp

CEO CEO
Duxre
CA RE Lic. #01389064
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