www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29305861
29305862

6740 W 121st St, Leawood, KS 66209

MY
KS KS 00233604, MO MO 2012036398
Peak Real Estate Partners
PA
KS 00250670
Peak Real Estate Partners
Listed by Peak Real Estate Partners
$1,955,000
136 days on market
Updated 39 days ago

6740 W 121st Street

Details
Property Type Office
Sub Type Medical Office
Square Footage 11,257
Units 8
Cap Rate 8.00%
NOI $156,262
Occupancy 100%
Price per SqFt $174
Year Built 2004
Buildings 1
Stories 1

NEW TO MARKET: Office Investment Sale | Corporate Lakes | Overland Park, KS

Marketing description

6740 W 121 Street is an 11,257-square-foot medical office building in Overland Park, Kansas. The property is located in the Corporate Lakes Office Park and presents an opportunity to acquire a medical office investment property in a top Midwestern submarket.

Medical Tenancy

The property is currently occupied by seven medical tenants, including a primary physician group, nursing home dialysis practice, psychiatry group, and urology practice. The tenant spaces include medical buildouts with patient rooms with plumbing.

Top Location

The property is located in the Corporate Lakes Office Park, a scenic park setting and one of the most sought-after office parks in South Johnson County. The office park features a large array of medical and general office users, is well positioned between St. Luke’s South Hospital and Menorah Medical Center. The office park has 22 buildings and boasts an above market occupancy rate of 98%.

Nearby Amenities

The property is situated between the 119th Street retail corridor and the 135th Street retail corridor, both of which provide an ample number of restaurants, shopping, and hotels.

Accessibility

The property has three tenant entrances providing easy access for employees and patients. The building has 53 surface parking spaces with an above market parking ratio of 4.7 spaces per 1,000 square feet of space. The office park is also located off Blue Valley Parkway which provides immediate access to Highway 69 and Interstate 435.

Investment highlights

  • $1,955,000

  • 11,257 Square Feet

  • 8.0% Cap Rate

  • Fully Occupied

  • Medical Tenancy

  • Top Submarket

  • 2004 Construction

  • 8 Tenants

Listing Contacts

MY
KS KS 00233604, MO MO 2012036398
Peak Real Estate Partners
PA
KS 00250670
Peak Real Estate Partners
Listed by Peak Real Estate Partners

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$156,262.00
$13,021.83/mo

Valuation Metrics

0
DSCR
7.99%
Cap Rate
7.99%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Mike Yeggy
License
KS 00233604
Name
Peter Agnello
License
00250670
Brokerage
Peak Real Estate Partners
Title
Real Estate Salesperson
Brokerage Address
8700 State Line Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591