5205 W 135th St - Freestanding FOR SALE


Leawood, KS 66224
$4,830,000 USD
816-898-8531
5205 W 135th St, Leawood, KS for Sale
$4,830,000 USD
Freestanding - FOR SALE
1/8
null | 7.25% Cap Rate

5205 W 135th St
Leawood, KS 66224


HIGHLIGHTS

  • Tenant NNN Investment Opportunity
  • 2% annual rent growth
  • Strong demographics
  • Key intersection for the 135th Street retail corridor
  • Across from Prairiefire Entertainment Disctrict and down the street from Corbin Park (Scheels, Von Maur, JCPenneys, and more)

OVERVIEW

For nearly 25 years, Seville Home has been Kansas City’s destination for inspired living. Seville Home curates a boutique collection of more than 3,000 artisan furnishings that clients can see, touch, and experience before bringing them home. The company’s mission is simple: to help create spaces that are as beautiful to behold as they are comfortable to live in. Unlike shopping from a catalog or screen, Seville Home offers a gallery where design comes to life. From ready-to-purchase pieces to fully custom creations, they partner with the world’s finest furniture makers to bring each client’s vision to reality. Trusted by Kansas City’s top designers, Seville Home combines exclusive collections with the expertise of a professional design team—always available at no additional charge. In September 2025, Seville Home was acquired by Phil and Chastin Reynolds, a local Kansas City entrepreneurial couple. The former Seville Home business owner retained an ownership interest in the real estate through an LLC that owns the building and now serves as the Landlord. Following the sale of the business, the new owners entered into a new 10-year lease for the property. Phil and Chastin Reynolds bring a deep appreciation and passion for Seville Home’s strong brand and long-standing presence in the Kansas City design community. With the prior owners remaining actively involved during the transition period, the Reynolds’ commitment to quality, craftsmanship, and personalized service ensures the Seville Home legacy will continue to thrive for years to come. • First time to market!! • Architecturally stunning freestanding building • 9 Year 8 month Lease remaining on a triple net lease • Base Rent: $17.50 PSF (NNN) • 2% annual rental increases through the main term and options • One 5-year option for renewal • Offered at below replacement costs

FOR SALE DETAILS

PRICE

$4,830,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seville Home

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

SD-CR

APN/PARCEL ID

HP13900000-0013

ASK ABOUT THIS PROPERTY

David HickmanCBRE, Inc.More Info
816-898-8531

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David HickmanCBRE, Inc.More Info
816-898-8531

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