4800 Rainbow Blvd - Office FOR SALE
Westwood, KS 66205 |
$1,795,000 USD
816-313-8228
4800 Rainbow Blvd
Westwood, KS 66205
HIGHLIGHTS
- High-Visibility Frontage: Situated prominently on Rainbow Blvd with high daily traffic counts.
- Medical Hub Proximity: Flanked to the north and south by the rapidly expanding University of Kansas Medical Center (KU Med).
- Target Demographics: Perfectly positioned within a high-density legal, medical, and professional submarket.
- Strong Income History: Established, reliable revenue stream from a diverse multi-tenant user base.
- Move-In Ready: Professionally maintained asset featuring extensive recent capital improvements.
- Forced Appreciation: Immediate potential to optimize rental rates to current market values as existing leases turn over.
OVERVIEW
The Westwood Colonial Office Building offers a premier, high-income investment or owner-occupant opportunity in a highly sought-after medical and professional hub. This professionally maintained 10,920 sq ft multi-tenant office building boasts a historically stable occupancy rate exceeding 90%, paired with immediate operational upside to maximize your returns.
FOR SALE DETAILS
PRICE
$1,795,000 USD
PRICE/SF
$176 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
High Income Producing Westwood Colonial Bldg
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.31 AC
LAND SF
13,504 SF
ZONING
C1
APN/PARCEL ID
RP66100000-0001
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816-313-8228
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816-313-8228
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