Map of Property

Southpark Commons

For Sale

1305-1349 S Fountain Drive, Olathe, KS 66061

This Olathe property for sale is located at 1305-1349 S Fountain Drive. The general use of Southpark Commons is office and it incorporates 29,420 square feet of class C office space. The current listed sale price for Southpark Commons is $1,990,000. Southpark Commons is situated on a lot that is 3.51 acre in size.

Contacts

broker
Brandon LaSala

NAI Heartland

Property Details

  • Property Type Office - General Office
  • Property Size 29,420 SF
  • Units 10
  • Lot Size 3.51 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Date Updated Nov 15, 2024
Southpark Commons presents an exceptional investment opportunity in the thriving Olathe, Kansas market. This stabilized commercial property offers a strong current occupancy rate of 92%, generating a solid Net Operating Income (NOI) of $179,097. Priced competitively at $1,990,000, the property promises immediate cash flow with significant upside potential. One remaining 2,439 SF vacancy, in excellent move-in-ready condition, offers an exciting opportunity for future growth. At a market rental rate of $14 Net, filling this space could increase the property’s NOI to an impressive $213,243, enhancing its already attractive returns. Southpark Commons is a rare chance to secure a high-performing asset with room for further value creation. Please contact agents for additional information.
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Highlights

  • 5 Building Suburban Office Portfolio
  • Buildings range in size from 3,980 SF to 7,155 SF (29,420 SF Total)
  • 92% Occupied with a Diverse Tenant Mix
  • Interior Renovations Throughout
  • Abundant Surface Parking

Attachments

Getting around

  • 31/100

    Walk Score ®

  • 39/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Olathe, KS
  • Neighborhood Waterworks
  • Zip Code 66061
  • Market Kansas City

Points of Interest

  • Circle K

    0.51 miles

  • Shell

    0.52 miles

  • QuikTrip

    0.82 miles

  • Phillips 66

    0.89 miles

  • Conoco

    1.69 miles

  • Murphy USA

    1.91 miles

  • Olathe Supercharger

    3.69 miles

  • ChargePoint

    4.13 miles

  • Tesla Destination Charger

    6.95 miles

  • EVgo Charging Station

    8.31 miles

  • Post Office Employee Parking

    1.41 miles

  • First Baptist Church of Olathe Parking

    2.13 miles

  • Prairie Center East

    4.00 miles

  • OGSB Parking lot

    4.04 miles

  • Parking Garage at Gailleo's Garden

    6.49 miles

  • Doctor's Parking

    7.19 miles

  • AdventHealth Sports Park at Bluhawk

    7.76 miles

  • Business Parking

    7.83 miles

  • Streamway Trail

    8.16 miles

  • Walnut Grove

    8.27 miles

  • Econo Lodge

    0.31 miles

  • Best Western Plus Olathe Hotel

    0.47 miles

  • La Quinta Inn & Suites Olathe

    0.49 miles

  • Days Inn by Wyndham Olathe Medical Center

    0.52 miles

  • Candlewood Suites Olathe - Kansas City Area

    1.04 miles

  • Holiday Inn Express & Suites Olathe South

    1.04 miles

  • Comfort Inn & Suites Olathe - Kansas City

    3.83 miles

  • Residence Inn Kansas City Olathe

    3.93 miles

  • Hampton Inn & Suites

    4.18 miles

  • Courtyard

    4.20 miles

  • Burlington

    0.40 miles

  • ALDI

    0.84 miles

  • Target

    0.96 miles

  • Walmart Neighborhood Market

    1.32 miles

  • Price Chopper

    1.61 miles

  • Walmart Supercenter

    1.87 miles

  • Big Lots

    2.17 miles

  • Grocery Outlet

    2.56 miles

  • Kohl's

    2.99 miles

  • Hen House Market

    3.33 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brandon LaSala

NAI Heartland