952-893-7592
12980 Foster St, Overland Park, KS for Sale
Office - FOR SALE
1/25
null | Request Cap Rate

12980 Foster St
Overland Park, KS 66213


HIGHLIGHTS

  • 39% Leased Class A Value-Add Opportunity | Southcreek provides investors a compelling value-add opportunity by leasing the existing vacancy.
  • Superior Asset Quality | The superior asset quality elevates the project above its peer group and enhances the marketing appeal to new tenants.
  • Recent Capital Investment | Recent investment of enhanced lobby and new outdoor patio, plus roof replacement completed in 2023 (20-year warranty).
  • Advantageous Basis vs. Replacement Cost | Current occupancy enables investors to acquire the Class A asset at a basis 70% below replacement cost.
  • Direct Access to Retail & Entertainment | Strategically positioned within coveted Johnson County with nearby retail acting as a building amenity.
  • South Johnson County Location and Demographics | Direct access to some of Kansas City’s top economic drivers including housing and public schools.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southcreek Corporate Center I

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

519

LAND DETAILS

LAND ACRES

5.99 AC

LAND SF

260,924 SF

ZONING

CPO

APN/PARCEL ID

NP79570000-0013

ASK ABOUT THIS PROPERTY

Avery TicerCushman & Wakefield Minneapolis-St. PaulMore Info
952-893-7592

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Avery TicerCushman & Wakefield Minneapolis-St. PaulMore Info
952-893-7592

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.