Listed by Crossroads Real Estate Group
$3,875,000
19865 West 156th Street
Details
Property Type Office
Sub Type Executive Office
Square Footage 28,458
Tenancy Vacant
Price per SqFt $136
Class A
Year Built 2014
Acreage 3.230
Zoning M-2 General Industrial District
Parking Spaces 5.80 spaces
Parking Per SqFt 0.20
New Price: Exceptional Office Building | Market-Leading Cost Efficiency | Olathe, KS
Marketing description
Crossroads Real Estate is pleased to present 19865 W 156th Street, an
exceptional two-story office property in Olathe, Kansas. Constructed in
2014, this 28,458 square foot office building offers a flexible open
configuration, ideally suited for either single-tenant occupancy or
demising for multi-tenant use.
The property is situated on a 3.23+/- acre site with a generous parking
ratio of 5.8 spaces per 1,000 SF and room to add outdoor amenities. A
robust backup generator and state-of-the-art geothermal HVAC
system enhance resilience, efficiency, and operating cost control.
*Seller’s year end 2024 operating expenses were $8.86 per square
foot.
Investment highlights
- Exceptional Condition | Built in 2014—lower near-term capital expenditure risk
- Flexible Design | Configuration conducive to creative or traditional layouts
- Multi-tenant Feasibility | Easily divisible for future multi-tenant occupancy
- Operational Efficiency | Geothermal HVAC and generator for stable operations
- Abundant Parking | 5.8 spaces per 1,000 SF
- Excellent Accessibility | Convenient proximity to interstates (I-35, K-7, US-169)
- Prominent Olathe Employers | Garmin, Olathe Hospital, Farmers Insurance
- Zoning District | M-2 General Industrial District
- YEAR END 2024 OpEx $8.86 PSF*
Listing Contacts
Listed by Crossroads Real Estate Group
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
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
