KC BIG BOX OVERVIEW
1
Read More
BIG BOX REPORT
Class-A Industrial Market Availability Overview
4Q 2022
Kansas City Metropolitan Market
2
Existing properties
3
Under Construction properties
4
Announced/ Pending properties
5
Tax abatement summary
The big box report is a compilation of class-a product that is existing, under construction or announced and contains a portion of vacancy.
Current exisitng properties in each Kansas City submarket
EXISTING PROPERTIES
Current under construction properties in each Kansas City submarket
UNDER CONSTRUCTION PROPERTIES
Current announced/pending properties in each Kansas City submarket
ANNOUNCED/ PENDING PROPERTIES
Kansas City area industrial projects
TAX ABATEMENT SUMMARY
1220 Washington Street, Suite 300 Kansas City, MO 64105
nmrkzimmer.com
ABOUT NEWMARK ZIMMMER
INDUSTRIAL MARKET REPORT
3Q 2022
BIG BOX REPORT SUMMARY
Total Building Size
Available Space
Estimated Average Lease Rate
TOTAL EXISTING
8,049,310 SF
5,224,034 SF
$5.71
TOTAL UNDER CONSTRUCTION
7,692,866 SF
7,477,136 SF
$6.08
TOTAL ANNOUNCED/PENDING
7,858,525 SF
$5.00
Total Existing Big Box Square Footage per Submarket
Northwest Kansas City
Wyandotte County
North Johnson County
South Johnson County
Douglas County
South Kansas City
Central Kansas City
East Jackson County
Northeast Kansas City
0 - 250,000
250,000 - 450,000
450,000 - 950,000
950,000 +
MAIN MENU
BIG BOX OVERVIEW
ANNOUNCED PROPERTIES
BIG BOX Available TOTALS
23,600,701 SF
20,559,695 SF
(avg) $5.32
INDUSTRIAL MARKET TOTALS
TOTAL CLASS A MARKET (SF)
54,411,679 SF
Total Industrial Market (SF)
320,712,725 SF
Total Industrial Market Vacancy Rate
3.6%
N/A
View overall Available Property Summary
Current existing properties in each Kansas City submarket
LOCATION
Great Plains Commerce Center, Olathe, KS
236,160
31201 W 187th Street, Edgerton, KS
655,485
273,829
16230-16501 W 116th St., Lenexa, KS
274,031
39,763
10900 Mill Creek Rd, Lenexa, KS
565,170
228,843
South Johnson County/ Douglas County Total
3,220,346
2,268,095
4400 NW 41st St, Riverside, MO
492,728
55,223
3141 W Heartland Dr., Liberty, MO
181,321
Hwy 210 & N Pleasant Ave., Kansas City, MO
418,619
86,481
S Liberty Pkwy & Hughes Rd., Liberty, MO
274,000
122,887
W Heartland Dr - Heartland Cold Storage, Liberty, MO
167,575
Hunt Midwest Business Center Logistics IV, Kansas City, MO
478,295
267,295
NW/NE Kansas City (Northland) Total
2,012,538
880,782
Raymore Commerce Center 3, Raymore, MO
1,040,000
Southview Commerce Center 4, Belton, MO
501,280
192,817
North JOCO/ WYCO/ Jackson County/ South KC Total
2,816,426
2,075,157
8,049,310
5,224,034
Click to view property details
Great Plains Commerce Center, Olathe KS
Total Building Size – 236,160 Available Space – 236,160 Minimum Divisible – 33,740 Clear Height – 32' Lease Rate – $5.50-$6.50 Tax Rate: $0.75 Blue Scope. Front park rear load spec building. Delivery December 2022.
Total Building Size – 274,031 Available Space – 39,763 Minimum Divisible – 39,763 Clear Height – 32’ Lease Rate – $5.00 Tax Rate: $0.64 Lenexa Logistics Centre East #2; Cross Dock Facility; 80% tax abatement year 1, decreasing to 55% year 10
Total Building Size – 565,170 Available Space – 228,843 Minimum Divisible – 100,607 Clear Height – 36’ Lease Rate – $4.65 Tax Rate: $0.41 Lenexa Logistics Centre North #5; 88% tax abatement year 1, decreasing to 55% year 10
Total Building Size – 181,321 Available Space – 181,321 Minimum Divisible – 24,000 Clear Height – 32’ Lease Rate – $5.50 - $6.50 Tax Rate: $0.21 Heartland Meadows Commerce Center. 90% tax abatement Fixed Schedule for 10 years. Developed by OPUS.
Total Building Size – 418,619 Available Space – 86,481 Minimum Divisible – 86,481 Clear Height – 36’ Lease Rate – Est. $5.00-$5.50 Tax Rate: $0.11 Northland Park 7. Northpoint spec construction.
Total Building Size – 274,000 Available Space – 122,887 Minimum Divisible – 43,000 Clear Height – 36’ Lease Rate – Est. $5.25-$5.75 Tax Rate: $0.10 Liberty Commerce Center 1. Adjacent to Ford Auto Assembly Plant. Developed by Northpoint.
Total Building Size – 167,575 Available Space – 167,575 Minimum Divisible – 40,000 Clear Height – 32’ Lease Rate – $5.50 Tax Rate: $0.27 Cold storage spec. 90% tax abatement for 10 years; fixed pilot at $0.27/SF.
Total Building Size – 478,295 Available Space – 267,295 Minimum Divisible – 104,000 Clear Height – 36’ Lease Rate – Est. $4.50-$5.00 Tax Rate: Est. $0.11 95% tax abatement years 1-7; 90% years 8-9; 80% years 10-11; 70% years 12-13; 50% years 14-15.
I-49 Industrial Center Bldg 1A, Kansas City, MO
Total Building Size – 299,168 Available Space – 130,639 Minimum Divisible – 130,639 Clear Height – 32' Lease Rate – $4.25 Tax Rate: Est. $1.00 Backfill space available immediately. Built in 2014. Taxes $1.00/SF.
Total Building Size – 501,280 Available Space – 192,817 Minimum Divisible – 65,000 Clear Height – 40' Lease Rate – $5.50 - $6.00 Tax Rate: Est. $0.05 NorthPoint Belton. $0.05 taxes yrs 1-5.
Total Building Size – 1,040,000 Available Space – 1,040,000 Minimum Divisible – 300,000 Clear Height – 40' Lease Rate – $4.25 Tax Rate: Est. $0.03 Van Trust Raymore. 20 Year Fixed Pilot.
Total Building Size – 655,485 Available Space – 273,829 Minimum Divisible – 273,829 Clear Height – 32’ Lease Rate – Withheld Tax Rate: $0.62 Inland Port V, north side of I-35. 2016 Construction. Excel Industries space.
Total Building Size – 492,728 Available Space – 55,223 Minimum Divisible – 55,223 Clear Height – 36’ Lease Rate – Est. $6.50 Tax Rate: $1.24 Riverside Horizons V. Developed by NorthPoint.
17150 Mercury Street, Gardner, KS
1,107,000
17150 Mercury St, Gardner, KS
Total Building Size – 1,107,000 Available Space – 1,107,000 Minimum Divisible – 300,000 Clear Height – 32-36' Lease Rate – TBD Tax Rate: TBD Coleman full-building sublease. 2009 Construction. 7-year term remaining.
Southpark Commerce Center Bldg A, Olathe, KS
112,500
Southpark Commerce Center Bldg B, Olathe, KS
135,000
Southpark Commerce Center Bldg C, Olathe, KS
Blue River Commerce Center Building 4, Kansas City, MO
391,293
144,840
Blue River Commerce Center Building 1, Kansas City, MO
243,353
57,000
Raymore Commerce Center 2, Raymore, MO
498,000
95th and Twilight Lane, Lenexa, KS
142,500
Total Building Size – 498,000 Available Space – 498,000 Minimum Divisible – TBD Clear Height – 36' Lease Rate – TBD Tax Rate: Est. $0.03 Van Trust Raymore. 20 Year Fixed Pilot.
Blue River Commerce Center Bldg 4, Kansas City, MO
Total Building Size – 391,293 Available Space – 144,840 Minimum Divisible – 72,000 Clear Height – 36' Lease Rate – $5.50-$6.00 Tax Rate: $0.17 / SF Fixed Years 1-10; 50% abatement fixed Years 11-20.
Blue River Commerce Center Bldg 1, Kansas City, MO
Total Building Size – 243,353 Available Space – 57,000 Minimum Divisible – 57,000 Clear Height – 36' Lease Rate – $6.00-$6.50 Tax Rate: $0.17 / SF Fixed Years 1-10; 50% abatement fixed Years 11-20.
95th and Twilight Lane, Lenexa KS
Total Building Size – 142,500 Available Space – 142,500 Minimum Divisible – 142,500 Clear Height – 32' Lease Rate – $7.95 Tax Rate: $0.75 / SF Karbank planned industrial building for single tenant; January 2023 delivery. 50% Tax Abatement, 10 years.
Southpark Commerce Center Bldg A, Olathe KS
Total Building Size – 112,500 Available Space – 112,500 Minimum Divisible – TBD Clear Height – 32' Lease Rate – $6.00 - $7.50 Tax Rate: $0.81 / SF Front park, rear load spec building. Delivery December 2022. 10 year, 50% tax abatement.
Southpark Commerce Center Bldg B, Olathe KS
Total Building Size – 135,000 Available Space – 135,000 Minimum Divisible – TBD Clear Height – 32' Lease Rate – $6.00 - $7.50 Tax Rate: $0.81 / SF Front park, rear load spec building. Delivery December 2022. 10 year, 50% tax abatement.
Southpark Commerce Center Bldg C, Olathe KS
Lone Elm Commerce Center Building 3, Olathe, KS
134,643
Lone Elm Commerce Center Building 4, Olathe, KS
147,955
3,204,190
Riverside Logsitics Centre Building 2 - Riverside, MO
328,320
Liberty Heartland Logistics Center Building C, Liberty, MO
239,000
1,139,320
Meritex Executive Park - Building 3, Lenexa, KS
189,000
Meritex Executive Park - Building 4, Lenexa, KS
84,816
Meritex Executive Park - Building 5, Lenexa, KS
72,048
24525 W 43rd St, Shawnee, KS
574,732
Lee's Summit Commerce Center - Building A, Lee's Summit, MO
431,460
215,730
3,349,356
3,133,626
TOTAL UNDER CONSTUCTION
7,692,866
7,477,136
Total Building Size – 236,160 Available Space – 236,160 Minimum Divisible – 33,740 Clear Height – 32’ Lease Rate – Est. $5.50 - $6.50 Tax Rate: $0.75 Blue Scope. Front park rear load spec building. Delivery December 2022. 50% Tax Abatement for 10 years.
New Century Commerce Center Building A, New Century, KS
333,365
New Century Commerce Center Building B1, New Century, KS
752,400
Southpark Commerce Center Building A, Olathe, KS
Total Building Size – 112,500 Available Space – 112,500 Minimum Divisible – TBD Clear Height – 32’ Lease Rate – Est. $5.50 - $6.50 Tax Rate: $0.80 Front park, rear load spec building. Delivery December 2022. 10 year, 50% tax abatement.
Southpark Commerce Center Building C, Olathe, KS
Total Building Size – 135,000 Available Space – 135,000 Minimum Divisible – TBD Clear Height – 32’ Lease Rate – Est. $5.50 - $6.50 Tax Rate: $0.80 Front park, rear load spec building. Delivery December 2022. 10 year, 50% tax abatement.
Total Building Size – 134,643 Available Space – 134,643 Minimum Divisible – 27,000 Clear Height – 32’ Lease Rate – Est. $5.50 - $6.50 Tax Rate: $0.73 Front park, rear load spec building. Delivery March 2023. 10 year PILOT TBD.
Total Building Size – 147,955 Available Space – 147,955 Minimum Divisible – 27,000 Clear Height – 32’ Lease Rate – Est. $5.50 - $6.50 Tax Rate: $0.73 Front park, rear load spec building. Delivery March 2023. 10 year PILOT TBD.
Total Building Size – 333,365 Available Space – 333,365 Minimum Divisible – 100,000 Clear Height – 36’ Lease Rate – Est. $5.00 - $6.50 Tax Rate: $0.30 VanTrust. Late Q1 Delivery. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years)
Total Building Size – 752,400 Available Space – 752,400 Minimum Divisible – 376,200 Clear Height – 40’ Lease Rate – Est. $5.00 - $5.50 Tax Rate: $0.30 VanTrust. Late Q1 Delivery. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years)
Compass 70 Logistics Park 2 Bonner Springs, KS
Total Building Size – 596,900 Available Space – 596,900 Minimum Divisible – 150,000 Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.54 Building 2. Adjacent to Medline BTS. 10 Year Fixed PILOT ($0.54/SF). Q4 2022 estimated delivery date. Scannell spec.
95th and Twilight Lane Lenexa, KS
Total Building Size – 142,500 Available Space – 142,500 Minimum Divisible – 142,500 Clear Height – 32’ Lease Rate – $7.95 Tax Rate: Est. $1.00 Karbank planned industrial building for single tenant; January 2023 delivery. 50% Tax Abatement
Meritex Executive Park Building 3, Lenexa, KS
Total Building Size – 189,000 Available Space – 189,000 Minimum Divisible – 47,250 Clear Height – 32’ Lease Rate – $6.00 Tax Rate: $2.00 Meritex Executive Park, no tax abatement, Q2 2023 delivery
Meritex Executive Park Building 4, Lenexa, KS
Total Building Size – 84,816 Available Space – 84,816 Minimum Divisible – 19,344 Clear Height – 32’ Lease Rate – $7.50 Tax Rate: $2.00 Meritex Executive Park, no tax abatement, Q2 2023 delivery
Meritex Executive Park Building 5, Lenexa, KS
Total Building Size – 72,048 Available Space – 72,048 Minimum Divisible – 16,432 Clear Height – 32’ Lease Rate – $7.50 Tax Rate: $2.00 Meritex Executive Park, no tax abatement, Q2 2023 delivery
Total Building Size – 574,732 Available Space – 574,732 Minimum Divisible – 143,000 Clear Height – 32’ Lease Rate – Est. $5.50 Tax Rate: $0.37 Heartland Logistics Park Building 2, Fixed pilot for 10 years. March 2023 delivery
Blue River Commerce Center Building 4
Total Building Size – 391,293 Available Space – 144,840 Minimum Divisible – 72,000 Clear Height – 36’ Lease Rate – $5.50-$6.00 Tax Rate: $0.17 Fixed Years 1-10; 50% abatement fixed Years 11-20. Q4 2022 Delivery
Blue River Commerce Center Building 5
Total Building Size – 201,003 Available Space – 201,003 Minimum Divisible – 201,003 Clear Height – 36’ Lease Rate – $5.50-$6.00 Tax Rate: $0.17 Fixed Years 1-10; 50% abatement fixed Years 11-20. Q4 2022 Delivery
Lee’s Summit Commerce Center - Building A, Lee’s Summit, MO
Total Building Size – 431,460 Available Space – 215,730 Minimum Divisible – 112,000 Clear Height – 36’ Lease Rate – $5.50 Tax Rate: $0.34 75% tax abatement years 1-10, 50 years 11-20. Delivery in Q1 2023
17201 College Boulevard, Lenexa, KS
195,409
I-35 Logistics Park Building 2, Olathe, KS
569,594
175th Commerce Centre, Olathe, KS
1,070,824
Liberty Heartland Logistics Center Building B, Liberty, MO
572,000
I-49 Industrial Center Building 7, Kansas City, MO
1,000,000
Lee's Summit Commerce Center - Building B, Lee's Summit, MO
113,400
Lee's Summit Commerce Center - Building C, Lee's Summit, MO
253,000
11280-11350 Britton Street, Lenexa, KS
Total Building Size – 180,033 Available Space – 180,033 Minimum Divisible – 30,000 Clear Height – 32’ Lease Rate – $5.45 Tax Rate: $1.08 Lenexa Logistics Centre South #6; 55% tax abatement for 10 years; delivers late 2023
17201 College Boulevard Lenexa, KS
Total Building Size – 195,409 Available Space – 195,409 Minimum Divisible – 25,000 Clear Height – 28’ Lease Rate – $6.50 Tax Rate: $1.08 Lenexa Logistics Centre South #8; 55% tax abatement for 10 years; delivers late 2023
Southpark Commerce Center Building B, Olathe, KS
I-35 Logistics Park Building 2 Olathe, KS
Total Building Size – 569,594 Available Space – 569,594 Minimum Divisible – 200,000 Clear Height – 36’ Lease Rate – $5.00 Tax Rate: $0.70-$0.80 Scannell I-35 Logistics Park. Building 2. Delivery May 2023. 50% tax abatement for 10 years.
Total Building Size – 1,070,824 Available Space – 1,070,824 Minimum Divisible – 357,000 Clear Height – 40’ Lease Rate – TBD Tax Rate: $0.38 Block 175th Commerce Ctr building 1. 50% tax abatement for 10 years
Liberty Heartland Logistics Park B
Total Building Size – 572,000 Available Space – 572,000 Minimum Divisible – 190,000 Clear Height – 36’ Lease Rate – Est $5.00-$5.50 Tax Rate: Est. $0.21 First of three spec industrial buildings anchored by new Hallmark Distribution Center. Delivery Summer 2023
Liberty Heartland Logistics Park C
Total Building Size – 239,000 Available Space – 239,000 Minimum Divisible – 80,000 Clear Height – 32’ Lease Rate – Est $5.50 - $6.50 Tax Rate: Est. $0.21 Second of three spec industrial buildings anchored by new Hallmark Distribution Center. Delivery Summer 2023
Riverside Logistics Centre Building 2 Riverside, MO
Total Building Size – 328,320 Available Space – 328,320 Minimum Divisible – 50,000 Clear Height – 36’ Lease Rate – $5.00 Tax Rate: $1.25 Developed by Block. No tax abatement. Delivery mid-2023.
I-49 Industrial Center Building 7
Total Building Size – 920,400 Available Space – 920,400 Minimum Divisible – 500,000 Clear Height – 40’ Lease Rate – Est. $4.95-$5.25 Tax Rate: $0.05 Platform Ventures. May 2023 Delivery. 20 year tax abatement. 10 year fixed 95%, 80% year 11 with 5% abatement decreases annually years 12-20
Lee’s Summit Commerce Center Building B
Total Building Size – 113,400 Available Space – 113,400 Minimum Divisible – 30,000 Clear Height – TBD Lease Rate – $5.50 - $7.50 Tax Rate: $0.34 75% tax abatement years 1-10, 50 years 11-20. Q2 2023 Delivery.
Lee’s Summit Commerce Center Building C
Total Building Size – 253,000 Available Space – 253,000 Minimum Divisible – 30,000 Clear Height – TBD Lease Rate – $5.50 - $7.50 Tax Rate: $0.34 75% tax abatement years 1-10, 50 years 11-20. Q2 2023 Delivery.
Raymore Commerce Center 2
Total Building Size – 498,000 Available Space – 498,000 Minimum Divisible – TBD Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.03 Van Trust Raymore. 20 Year Fixed Pilot.
Eastgate Commerce Center A2 - Little Blue Pkwy & RD Mize
284,000
Eastgate Commerce Center A3 - Little Blue Pkwy & RD Mize
Eastgate Commerce Center A2 Little Blue Pkwy & RD Mize
Total Building Size – 284,000 Available Space – 284,000 Minimum Divisible – 55,000 Clear Height – 36' Lease Rate – $6.00 - $6.50 est. Tax Rate: $0.19 NorthPoint spec industrial building. Delivery October 2023. 20 year tax abatement. $0.19/SF for years 1-12 with fixed abatement for years 13-20.
Eastgate Commerce Center A3 Little Blue Pkwy & RD Mize
Total Building Size – 284,000 Available Space – 284,000 Minimum Divisible – 55,000 Clear Height – 36' Lease Rate – Est. $6.00 - $6.50 Tax Rate: $0.19 NorthPoint spec industrial building. Delivery October 2023. 20 year tax abatement. $0.19/SF for years 1-12 with fixed abatement for years 13-20.
207th Street - IP 61, Edgerton, KS
1,996,627
North Liberty Logistics Park Building 1, Liberty, MO
384,000
North Liberty Logistics Park Building 2, Liberty, MO
525,000
909,000
Scannell 435 Logistics Center - Spec Building B, Olathe, KS
456,840
Compass 70 Logistics Park 3 - Bonner Springs, KS
627,450
Heartland Logistics Park - Building 3, Shawnee, KS
846,450
Heartland Logistics Park - Building 4, Shawnee, KS
187,200
I-49 Commerce Center, I-49 & 155th St, Kansas City, MO
564,000
4,952,898
7,858,525
Total Building Size – 1,107,000 Available Space – 1,107,000 Minimum Divisible – TBD Clear Height – 40’ Lease Rate – TBD Tax Rate: $0.62 Breaking ground in Spring 2023.
North Liberty Logistics Park Building 1 Liberty, MO
Total Building Size – 384,000 Available Space – 384,000 Minimum Divisible – TBD Clear Height – 36’ Lease Rate – TBD Tax Rate: TBD 20 year fixed property tax abatement. NorthPoint spec.
North Liberty Logistics Park Building 2 Liberty, MO
Total Building Size – 525,000 Available Space – 525,000 Minimum Divisible – TBD Clear Height – 40’ Lease Rate – TBD Tax Rate: Est. TBD 20 year fixed property tax abatement. NorthPoint spec.
Scannell 435 Logistics Center Spec Building B
Total Building Size – 456,840 Available Space – 456,840 Minimum Divisible – 100,000 Clear Height – 36’ Lease Rate – $4.50 Tax Rate: TBD Estimated Completion Late 2023. TBD Tax Abatement Structure estimated at 60%. Scannell spec.
Compass 70 Logistics Park 3 Bonner Springs, KS
Total Building Size – 627,450 Available Space – 627,450 Minimum Divisible – 150,000 Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.54 Building 3. Adjacent to Medline BTS. 10 Year Fixed PILOT ($0.54/SF). Q2 2023 estimated delivery date. Scannell spec.
Total Building Size – 846,450 Available Space – 846,450 Minimum Divisible – TBD Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.37 Heartland Logistics Park Building 3, Fixed pilot 10 years.
Heartland Logistics Park Building 3, Shawnee, KS
Heartland Logistics Park Building 4, Shawnee, KS
Total Building Size – 187,200 Available Space – 187,200 Minimum Divisible – TBD Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.37 Heartland Logistics Park Building 4, Fixed pilot 10 years.
1920 N Corrington Ave, Kansas City, MO
Total Building Size – 425,000 Available Space – 425,000 Minimum Divisible – TBD Clear Height – 32’ Lease Rate – TBD Tax Rate: $0.00 Executive Park Logistics Center 3, 100% abatement year 1-10, 50% year 11-15.
I-49 Commerce Center Kansas City, MO
Total Building Size – 564,000 Available Space – 564,000 Minimum Divisible – 282,000 Clear Height – 40’ Lease Rate – TBD Tax Rate: $0.12 NorthPoint Spec CrossDock. 20 year fixed pilot. $0.12/SF years 1-10. Year 11: $0.51 with $0.01 increases every year to year 20.
43rd Street Logistics Centre - Shawnee, KS
257,615
K-7 Logistics Park - K7 & Monticello Rd, Shawnee, KS
991,443
43rd Street Logistics Centre Shawnee, KS
Total Building Size – 257,615 Available Space – 257,615 Minimum Divisible – 60,000 Clear Height – 32’ Lease Rate – TBD Tax Rate: $0.37 43rd Street Logistics Park, Fixed pilot 10 years.
K-7 Logistics Park K7 & Monticello Rd, Shawnee, KS
Total Building Size – 991,443 Available Space – 991,4435 Minimum Divisible – 200,000 Clear Height – 36’ Lease Rate – TBD Tax Rate: TBD K-7 Logistics Park, Q4 2023 delivery
Flint Commerce Center Building 1, DeSoto, KS
Total Building Size – 1,347,849 Available Space – 1,347,849 Minimum Divisible – 200,000 Clear Height – 40’ Lease Rate – TBD Tax Rate: TBD Flint Commerce Center. 370 Acre park planned to accommodate 200,000 to 2,000,000 SF users. Vertical ready construction for sale, build to suit or spec development.
11280-113350 Britton Street, Lenexa KS
180,033
I-35 Logistics Park Bldg 2, Olathe, KS
Great Plains Commerce Center Building B, Olathe, KS
140,000
Compass 70 Logistics Park 2 - Bonner Springs, KS
596,900
425,000
Total Building Size – 596,900 Available Space – 596,9000 Minimum Divisible – 150,000 Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.03 Building 2. Adjacent to Medline BTS. 60 ext docks; 4 drive ins; 30 ext levelers.
I-35 Logistics Park Bldg 2, Olathe KS
Total Building Size – 569,594 Available Space – 569,594 Minimum Divisible – 200,000 Clear Height – 36’ Lease Rate – TBD Tax Rate: $0.70 - $0.80 Scannell I-35 Logistics Park. Building 2. 50% tax abatement for 10 years. Construction starting Q2 2022
11280-11350 Britton St, Lenexa KS
Total Building Size – 180,033 Available Space – 180,033 Minimum Divisible – 30,000 Clear Height – 32’ Lease Rate – TBD Tax Rate: $1.08 Lenexa Logistics Centre South #6; 55% tax abatement for 10 years; delivers late 2023
Great Plains Commerce Center, Building B, Olathe KS
Total Building Size – 140,000 Available Space – 140,000 Minimum Divisible – TBD Clear Height – 32' Lease Rate – TBD Tax Rate: $0.75 Blue Scope. Building B. Front park rear load spec building. Delivery December 2022. 50% Tax Abatement for 10 years.
Kansas City Area Industrial Projects
207th Street - IP 62, Edgerton, KS
3,966,918
811,000
4,971,340
9,749,258
PROJECT NAME
CITY/State
BUILDING SF
Southview Commerce Center (Industrial Park)
Belton, Missouri
454,489
TAX ABATEMENT
Fixed Pilot, $0.05/SF yrs. 1-5 up to .14 in yr 12. $0.55/SF yrs. 13-20
Hunt Midwest (Industrial Park)
Kansas City, Missouri
95% Real Estate Tax Abatement Yrs. 1-7; Yrs. 8-9, 90%; Yrs 10-11, 80%; Yrs 12-13, 70%; Yrs 15-15, 50%
Northland Park (Industrial Park)
386,000
90%, 10 Yrs., 50% Yrs. 11-20
Lone Elm Commerce Center (Industrial Building)
Olathe, Kansas
282, 598
10 Yr Pilot TBD
Three Trails Industrial Park (Industrial Park)
1,300,000
100% 13 Yrs., 50% Yr. 15, 10% Yr. 20
Lenexa Logistics Center (Industrial Park)
Lenexa, Kansas
600,000
55%, 10 Yrs.
Logistic Park KC (Industrial Park)
Edgerton, Kansas
4,000,000
10 Yr. Fixed Pilot ($.62/SF)
College Crossing (Industrial Park)
220,000
50%, 10 Yrs.
Westlink Business Center (Industrial Park)
Shawnee, Kansas
340,000
100% Yrs. 1-6. Avg. 80% over 10 Yrs.
Riverside Horizons (Industrial Park)
Riverside, Missouri
491,000
No Abatement
I-35 Logistics Park (Industrial Park)
567,115
Lone Elm 716 (Industrial Building)
718,068
Midwest Gateway (Industrial Buildings)
487,000
KCI Intermodal Centre (Industrial Park)
1,800,000
Land lease in leu of Tax. ($0.32/SF)
Widmer 140 (Industrial Building)
Meritex Lenexa Executive Park (Industrial Park)
240,000
No Tax Abatement
Heartland Logistics Park (Industrial Park)
272,882
$0.37/SF (fixed pilot for 10 yrs)
Liberty Logistics Park (Industrial Park)
Liberty, Missouri
741,000
$0.00/SF (100% tax abatement)
Executive Park Logistics Center (Industrial Park)
263,990 & 132,465
15 year tax abatement (1-10 @ 100%, 11-15 @ 50%)
Turner Logistics Center (Industrial Park)
Kansas City, Kansas
2,750,000
$0.14/SF 2020 with $.02 annual increases over 10 yr PILOT program. Average of $0.22/SF over 10 yrs
Blue River Commerce Center (Industrial Park)
$0.08 Fixed for Yrs. 1-10; 50% Abatement Fixed Yrs. 11-20
Lawrence Venture Park (Industrial Park)
Lawrence, Kansas
153,310
70%, 10 Yrs.
Heartland Meadows Commerce Center (Industrial Building)
90%, 10 Yrs Fixed
Liberty Commerce Center (Industrial Park)
274,000 & 514,000
20 Year Tax Abatement on a Fixed Pilot starting with 90% Abatement
Blue Springs Logistics Center (Industrial Park)
Blue Springs, Missouri
584,820
90% Real Estate Tax Abatement
175th St Commerce Center (Industrial Building)
Scannell 435 Logistics Center (Industrial Park)
Tax Abatement Structure TBD
I-49 Industrial Center (Industrial Building)
366,000
90%, 10 Yrs.
Liberty Heartland Logisitcs Park (Industrial Park)
2,300,000
Compass 70 Business Park (Industrial Park)
Bonner Springs, Kansas
2,000,000
10 Yr Fixed Pilot at $0.54/SF.
Southpark Commerce Center (Industrial Park)
382,500
50% 10 Yrs.
Heartland Cold Storage (Industrial Building)
90% 10 Yrs, (fixed pilot at $0.27/SF)
Lee's Summit Commerce Center (Industrial Park)
Lee's Summit, Missouri
797,860
75% yrs 1-10, 50 yrs 11-20. ($0.34/SF)
Great Plains Commerce Center (Industrial Building)
50% Tax Abatement for 10 yrs ($0.75/SF)
I-49 Commerce Center (Industrial Building)
20 yr fixed pilot. $0.12/SF yrs 1-10. Yr 11: $0.51 with $0.01 increases every yr to yr 20.
New Century Commerce Center (Industrial Park)
Gardner, Kansas
1,082,400
10 yr fixed pilot at $0.30/SF escalating at 1.5% per year.
95th & Twilight Lane (Industrial Building)
50% Tax Abatement yrs 1-10.
North Liberty Logistics Center (Industrial Park)
20 Yr Fixed Tax Abatement. TBD
Eastgate Commerce Center (Industrial Park)
Independence, Missouri
568,000
20 Yr Tax Abatement - $0.19/SF for yrs 1-12 with fixed abatement for years 13-30
