Map of Property

Southpark Commons

1305-1349 S Fountain Drive, Olathe, KS 66061

  • For Sale $1,990,000
  • 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 Oct 28, 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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Attachments

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

Contacts

broker

Brandon LaSala

NAI Heartland

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Bike Score ®

    39/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Olathe, KS
  • Neighborhood Waterworks
  • Zip Code 66061
  • Market Kansas City

Points of Interest

  • Shell

    0.50 miles

  • Circle K

    0.51 miles

  • QuikTrip

    0.82 miles

  • Phillips 66

    0.89 miles

  • Conoco

    1.69 miles

  • Olathe Supercharger

    3.69 miles

  • ChargePoint

    4.13 miles

  • Tesla Destination Charger

    6.95 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, an IHG Hotel

    1.04 miles

  • Holiday Inn Express & Suites Olathe South, an IHG Hotel

    1.04 miles

  • Fairfield Inn & Suites Kansas City Olathe

    3.83 miles

  • Residence Inn Kansas City Olathe

    3.93 miles

  • Hampton Inn Olathe

    4.18 miles

  • Courtyard

    4.20 miles

  • 54th Street Grill & Bar #008

    0.27 miles

  • Applebee's

    0.29 miles

  • Taco Bell

    0.36 miles

  • Chili's

    0.42 miles

  • McDonald's

    0.45 miles

  • Wendy's

    0.49 miles

  • Go Chicken Go

    0.53 miles

  • Mi Ranchito

    0.56 miles

  • Panera Bread

    0.76 miles

  • Jimmy John's #1597

    0.77 miles

  • Saint Paul's Catholic School

    0.85 miles

  • Central Elementary School

    1.10 miles

  • Olathe Service Center

    1.17 miles

  • Olathe School District - Project Choices Facility

    1.26 miles

  • Stuck School

    1.29 miles

  • Mill Creek Campus

    1.31 miles

  • Millcreek Center - Technical School

    1.35 miles

  • Kansas State School for the Deaf

    1.42 miles

  • Rolling Ridge Elementary School

    1.56 miles

  • MidAmerica Nazarene University

    2.22 miles

  • Kids 'R' Kids

    0.90 miles

  • Kiddi Kollege Childcare Learning Center

    2.20 miles

  • Little Wonders Christian Daycare

    2.83 miles

  • The Goddard School

    4.06 miles

  • Primrose School of North Olathe

    4.42 miles

  • Sonshine School

    5.59 miles

  • Children's Lighthouse Gardner

    5.80 miles

  • The Goddard School of Overland Park

    6.68 miles

  • Switzer Commons KinderCare

    6.71 miles

  • Little Sunshine's Playhouse and Preschool of Overland Park

    7.18 miles

Frequently Asked Questions

How much does Southpark Commons cost?

The space currently listed for sale at Southpark Commons asks for $1,990,000.

What is the total square footage of Southpark Commons?

Southpark Commons totals 29,420 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Brandon LaSala

NAI Heartland