119th Street Tech Park - Building 5

Off-Market

16900 West 118th Terrace, Olathe, KS 66061

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 61,128 SF
  • Lot Size 5.58 Acre
  • Parking Spaces Avail. 281
  • Parking Ratio 4.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2000

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Olathe

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Olathe Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $24.03
  • 2022 Office Vacancy Rate 52.77%
  • 2022 Office Completions (SF) 70,000
View more Olathe market trends

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent
  • Transit Score ®

    20/100 Minimal Transit
  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Olathe, KS
  • Neighborhood Mahaffie - Westerfield
  • Zip Code 66061
  • Market Kansas City

Points of Interest

  • ChargePoint

    0.29 miles

  • QuikTrip

    0.62 miles

  • ChargePoint

    0.69 miles

  • Hy-Vee Gas

    0.70 miles

  • Olathe Supercharger

    0.83 miles

  • BP

    0.93 miles

  • Phillips 66

    1.53 miles

  • Phillips 66

    1.74 miles

  • Everyday 13705

    2.08 miles

  • Phillips 66

    2.19 miles

  • Parking Garage at Gailleo's Garden

    2.87 miles

  • Post Office Employee Parking

    3.03 miles

  • Doctor's Parking

    3.24 miles

  • Business Parking

    3.59 miles

  • First Baptist Church of Olathe Parking

    4.14 miles

  • Walnut Grove

    4.40 miles

  • Streamway Trail

    4.73 miles

  • OGSB Parking lot

    4.77 miles

  • Prairie Center East

    6.33 miles

  • L

    6.42 miles

  • Holiday Inn Express & Suites Olathe North

    0.66 miles

  • Hilton Garden Inn Olathe

    0.69 miles

  • Fairfield Inn & Suites Kansas City Olathe

    0.69 miles

  • Hampton Inn Olathe

    0.70 miles

  • Residence Inn Kansas City Olathe

    0.70 miles

  • WoodSpring Suites Kansas City Lenexa

    1.43 miles

  • Avignon ExecuStay

    1.51 miles

  • Four Points by Sheraton Kansas City Olathe

    1.83 miles

  • Embassy Suites by Hilton Kansas City Olathe

    1.83 miles

  • Holiday Inn Express & Suites Olathe West

    2.00 miles

  • LongHorn Steakhouse

    0.25 miles

  • Anejo Mexican Modern Cuisine

    0.30 miles

  • Jason's Deli

    0.32 miles

  • Jack in the Box

    0.58 miles

  • Zaxby's

    0.60 miles

  • Cracker Barrel

    0.62 miles

  • Jimmy John's

    0.62 miles

  • Schlotzsky's

    0.63 miles

  • McDonald's

    0.63 miles

  • Buffalo Wild Wings

    0.65 miles

  • Countryside Elementary School

    1.09 miles

  • Mount Zion School

    1.35 miles

  • Pioneer Trail Junior High School

    1.50 miles

  • Mahaffie Elementary School

    1.59 miles

  • Indian Creek Elementary School

    1.77 miles

  • Woodland Elementary School

    1.83 miles

  • Kedesh Academy

    2.15 miles

  • Pioneer Christian Academy

    2.18 miles

  • Saint Thomas Aquinas High School

    2.21 miles

  • Olathe Advanced Technical Center

    2.28 miles

  • Sonshine School

    2.13 miles

  • The Goddard School of Overland Park

    2.86 miles

  • The Goddard School

    3.10 miles

  • Primrose School of North Olathe

    3.15 miles

  • The Whole Child Development Center

    3.53 miles

  • Country Kids Day Care of Lenexa

    3.78 miles

  • Kids 'R' Kids

    4.33 miles

  • Kiddi Kollege Childcare Learning Center

    4.58 miles

  • Switzer Commons KinderCare

    4.84 miles

  • Kindercare

    5.29 miles

Frequently Asked Questions

What is the total square footage of 119th Street Tech Park - Building 5?

119th Street Tech Park - Building 5 totals 61,128 square feet.

What is the property tax for 119th Street Tech Park - Building 5?

The property tax for 119th Street Tech Park - Building 5 in 2022 was $171,635.

What is the market value for 119th Street Tech Park - Building 5?

The market value* for 119th Street Tech Park - Building 5 in 2022 was $5,706,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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