23920 W 43rd St - Riverbend Flex Garage Development Opportunity Lot • Terrain commercial • 6,03 Acres • 1 592 175 $ CAD • Shawnee, KS 66226

Shovel-Ready Flex Garage Development - 48 Units on 6+ Acres
Property Description:
Exceptional development opportunity featuring a fully-entitled, 48-unit contractor garage facility in the heart of Johnson County's growing Bonner Springs submarket. This shovel-ready project includes all entitlements, completed engineering, and architectural plans for immediate construction start.
The 6.03-acre site is strategically positioned with excellent highway visibility and access, targeting the robust demand from contractors, trades professionals, and small businesses. With 4.54 acres of effective buildable area, the project will deliver 48,000 SF across four modern buildings, each featuring secure access, insulated construction, and flexible unit configurations.
Why This Opportunity:
- Fully De-Risked: All planning, entitlements, and engineering complete
- Proven Demand: Local comparable achieved 87.5% occupancy in under 6 months
- Premium Demographics: Affluent submarket with $193K+ median household income
- Strategic Location: Direct highway access in growing Johnson County corridor
- Immediate Revenue: Construction can begin immediately upon closing
This represents a rare opportunity to acquire a turnkey development package in one of Kansas City's most desirable industrial submarkets. Perfect for developers seeking immediate construction capability or investors looking for a proven flex space concept.
DEVELOPMENT OPPORTUNITY
Project Vision:
- Modern flex garage facility targeting contractors, tradespeople, and small businesses requiring secure, climate-controlled workspace with vehicle access.
Target Tenants:
- Contractors and trades professionals
- Home service providers
- Small business owners needing secure storage
- Equipment rental/storage operations
- Light manufacturing/assembly operations
Unit Features (Planned):
- 12' W x 14' H overhead doors
- Insulated construction
- LED lighting
- 200 Amp 3-phase power capability
- Office space component
- HVAC provisions
- Secure access control
MARKET ANALYSIS
Demographic Highlights:
- 1-Mile Radius: 1,137 population, $193,534 median income (growing to $200,001 by 2029)
- 3-Mile Radius: 30,088 population, $116,556 median income
- 5-Mile Radius: 45,462 population, $115,424 median income
Market Validation:
Comparable Project Performance (Olathe, KS):
- 32-unit flex garage facility
- 50% leased within 75 days of opening
- 87.5% occupancy achieved within 6 months
- $1,325/month rental rate per 1,000 SF unit
- Strong tenant mix: trades, home services, personal use
Economic Drivers:
- Strong Kansas City MSA growth
- Robust transportation infrastructure
- Low cost of living vs. peer markets
- Recent major industrial investments in region
TRANSPORTATION & ACCESS
- Highway Access:
- Direct access to KS-7 (major north-south corridor)
- W. 43rd Street frontage
- Minutes to I-435 and I-35 interchange
- Easy connection to Kansas City International Airport