4800 Rainbow Blvd - Office FOR SALE


Westwood, KS 66205
$1,795,000 USD
816-313-8228
4800 Rainbow Blvd, Westwood, KS for Sale
$1,795,000 USD
Office - FOR SALE
1/10
null | 6.57% Cap Rate

4800 Rainbow Blvd
Westwood, KS 66205


HIGHLIGHTS

  • Turn-Key Asset with Capital Growth
  • Irreplaceable Prime Location; High-Visibility Frontage
  • Medical Hub Proximity
  • ?Strong Income History
  • Owner-User Potential

OVERVIEW

Irreplaceable Prime Location - 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. Turn-Key Asset with Capital Growth - Move-In Ready: Professionally maintained asset featuring extensive recent capital improvements. - Owner-User Potential: Ideal layout for a business owner wanting to occupy a portion while collecting rent from existing tenants. - Strong Income History: Established, reliable revenue stream from a diverse multi-tenant user base. Substantial Value-Add Upside -Forced Appreciation: Immediate potential to optimize rental rates to current market values as existing leases turn over. -Flexible Zoning/Use: Perfectly suited for standard professional offices, medical practitioners, or specialized clinical services. -Growth Corridor: Positioned in an area built for consistent, long-term asset appreciation.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

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

ASK ABOUT THIS PROPERTY

Craig KellyBoulevard CommercialMore Info
816-313-8228

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

Craig KellyBoulevard CommercialMore Info
816-313-8228

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