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Corporate Village Office Suites 4 Office Properties Offered at $1,814,696 CAD in Shawnee Mission, KS

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EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $1,814,696 CAD
Price / SF $95.51 CAD / SF
Cap Rate 6.77%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 19,000 SF
Total Land Area 7.16 AC
  • Listing ID: 33662465

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: Corporate Village Office Suites, Shawnee Mission, KS

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