1220 Washington Street, Suite 300
Kansas City, MO 64105
nmrkzimmer.com
Current existing properties & sublease availabilites in each Kansas City submarket
EXISTING
PROPERTIES
3Q 2024
LOCATION
Total Building Size
Available Space
Great Plains Commerce Center A, Olathe, KS
236,160
189,000
Inland Port XXXII, Edgerton, KS
764,735
463,435
South Johnson County/ Douglas County Total
5,852,612
4,382,672
Liberty Heartland Logistics Center Building C, Liberty, MO
240,000
173,300
Northland Park Building VII
418,619
86,481
NW/NE Kansas City (Northland) Total
3,131,087
1,699,028
I-49 Industrial Center Building 7, Kansas City, MO
920,400
920,400
North JOCO/ WYCO/ Jackson County/ South KC Total
4,880,956
3,117,124
TOTAL EXISTING
13,864,655
9,198,824
Click to view property details
Great Plains Commerce Center,
Building A, Olathe KS
Total Building Size – 236,160
Available Space – 189,000
Minimum Divisible – 38,700
Clear Height – 32'
Lease Rate – $5.50-$6.50
Tax Rate: $0.75
Blue Scope. Front park rear load spec building. 50% tax abatement for 10 years.
16230-16501 W 116th St., Lenexa, KS
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
10900 Mill Creek Rd, Lenexa, KS
Total Building Size – 565,170
Available Space – 100,607
Minimum Divisible – 100,607
Clear Height – 36’
Lease Rate – $4.50
Tax Rate: $0.41
Lenexa Logistics Centre North #5; 88% tax abatement year 1, decreasing to 55% year 10
3141 W Heartland Dr., Liberty, MO
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.
Hwy 210 & N Pleasant Ave.,
Kansas City, MO
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.
S Liberty Pkwy & Hughes Rd.,
Liberty, MO
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.
3161 W Heartland Dr. - Heartland Cold Storage, Liberty, MO
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.
Hunt Midwest Business Center Logistics IV, Kansas City, MO
Total Building Size – 478,295
Available Space – 132,221
Minimum Divisible – 132,221
Clear Height – 36’
Lease Rate – Est. Est. $5.50-$6.00
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.
Southview Commerce Center 4,
Belton, MO
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.
Raymore Commerce Center 3, Raymore, MO
Total Building Size – 1,040,000
Available Space – 420,000
Minimum Divisible – 300,000
Clear Height – 40'
Lease Rate – Est. $5.50
Tax Rate: Est. $0.03
Van Trust Raymore. 20 Year Fixed Pilot.
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30901 W 191st St - Inland Port XI, Edgerton, KS
Total Building Size – 765,180
Available Space – 328,294
Minimum Divisible – 328,294
Clear Height – 36’
Lease Rate – $4.50
Tax Rate: $0.63
Invenergy space. 2015 construction. Sublease through March 2026. NNN's are $1.17/SF.
4400 NW 41st St, Riverside, MO
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 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.
Raymore Commerce Center 2, Raymore, MO
498,000
145,944
Raymore Commerce Center 2,
Raymore, MO
Total Building Size – 498,000
Available Space – 145,944
Minimum Divisible – 145,944
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
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 – 43,000
Minimum Divisible – 43,000
Clear Height – 36'
Lease Rate – $6.00-$6.50
Tax Rate: $0.17
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
Front park, rear load spec building. 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
Front park, rear load spec building. 50% tax abatement.
Southpark Commerce Center
Building C, Olathe KS
Total Building Size – 135,000
Available Space – 54,000
Minimum Divisible – 27,000
Clear Height – 32'
Lease Rate – Est $8.00
Tax Rate: $0.81
Front park, rear load spec building. 50% tax abatement.
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Inland Port IX, Edgerton, KS
1,107,000
1,107,000
New Century Commerce Center Building A, New Century, KS
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. May/June 2023 Delivery. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years).
New Century Commerce Center Building B1, New Century, KS
Total Building Size – 752,400
Available Space – 314,472
Minimum Divisible – 314,472
Clear Height – 40’
Lease Rate – Est. $5.00 - $5.50
Tax Rate: $0.30
VanTrust. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years).
I-35 Logistics Park Building 2
Olathe, KS
Total Building Size – 569,594
Available Space – 369,035
Minimum Divisible – 150,000
Clear Height – 36’
Lease Rate – $5.00
Tax Rate: $0.70-$0.80
Scannell I-35 Logistics Park. Building 2. 50% tax abatement for 10 years.
31201 W 187th Street, Edgerton, KS
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.
Lee's Summit Commerce Center - Building B, Lee's Summit, MO
113,400
68,040
Eastgate Commerce Center A2, Independence, MO
284,000
268,000
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.
Meritex Executive Park
Building 4, Lenexa, KS
Total Building Size – 84,816
Available Space – 13,392
Minimum Divisible – 13,392
Clear Height – 32’
Lease Rate – $8.50
Tax Rate: $2.00
Meritex Executive Park, no tax abatement.
Meritex Executive Park
Building 5, Lenexa, KS
Total Building Size – 72,048
Available Space – 15,000
Minimum Divisible – 15,000
Clear Height – 32’
Lease Rate – $8.50
Tax Rate: $2.00
Meritex Executive Park, no tax abatement.
24525 W 43rd St, Shawnee, KS
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.
I-49 Industrial Center Building 7
Kansas City, MO
Total Building Size – 920,400
Available Space – 920,400
Minimum Divisible – 200,000
Clear Height – 40’
Lease Rate – $5.50
Tax Rate: $0.05
Platform Ventures. 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 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. Delivered in Q1 2023
16575 S Theden St, Olathe, KS
Total Building Size – 718,069
Available Space – 455,220
Minimum Divisible – 455,220
Clear Height – 36'
Lease Rate – $4.00
Tax Rate: $0.75
Accelerate360 Sublease space. Sublease through 2027.
Total Building Size – 495,723
Available Space – 117,042
Minimum Divisible – 117,042
Clear Height – 36'
Lease Rate – $3.61/$4.65
Tax Rate: $1.07
Offered for Sublease and Direct. 2nd Generation. STAG. Built 2016.
16231 S Lone Elm Rd, Olathe, KS
New Century Commerce Center Building B1, New Century, KS
752,400
314,472
I-35 Logistics Park Building 2, Olathe, KS
569,594
369,035
17201 College Boulevard, Lenexa, KS
195,409
58,770
Liberty Heartland Logistics Center Building B, Liberty, MO
572,000
317,151
Riverside Logsitics Centre Building 2 - Riverside, MO
328,320
163,940
Eastgate Commerce Center A3, Independence, MO
284,000
227,249
Lee's Summit Commerce Center - Building A, Lee's Summit, MO
431,460
215,730
17351 W 113th St - Lenexa, KS
Total Building Size – 354,055
Available Space – 82,749
Minimum Divisible – 82,749
Clear Height – 32’
Lease Rate – $5.95
Tax Rate: $0.55
Backfill space. Owned by EQT Exeter.
175th Commerce Centre, Olathe, KS
Total Building Size – 1,070,824
Available Space – 1,070,824
Minimum Divisible – 400,000
Clear Height – 40’
Lease Rate – TBD
Tax Rate: $0.38
Block 175th Commerce Center Building 1. 50% tax abatement for 10 years
Riverside Logistics Centre Building 2 Riverside, MO
Total Building Size – 328,320
Available Space – 163,940
Minimum Divisible – 81,970
Clear Height – 36’
Lease Rate – $6.75-$7.75
Tax Rate: $1.25
Developed by Block. No tax abatement.
Liberty Heartland Logistics Park B
Total Building Size – 572,000
Available Space – 317,151
Minimum Divisible – 190,000
Clear Height – 36’
Lease Rate – Est $5.00-$6.00
Tax Rate: $0.18
One of two spec industrial buildings anchored by new Hallmark Distribution Center. Delivered Q423.
Liberty Heartland Logistics Park C
Total Building Size – 240,000
Available Space – 176,389
Minimum Divisible – 40,000
Clear Height – 32’
Lease Rate – Est $5.75-$7.50
Tax Rate: $0.22
Two of two spec industrial buildings anchored by new Hallmark Distribution Center. Delivered Q423.
Northland Park Building VII
Kansas City, MO
Total Building Size – 418,619
Available Space – 86,481
Minimum Divisible – 86,481
Clear Height – 36’
Lease Rate – Est $5.50-$6.00
Tax Rate: Est. $0.20
Single load vacancy in Northland Park.
Westlink Business Center
4150 Powell Drive, Shawnee, KS
Total Building Size – 170,000
Available Space – 80,000
Minimum Divisible – 80,000
Clear Height – 28’
Lease Rate – $6.00
Tax Rate: $0.57
Westlink Business Center Building 2, tax abatement expires end of 2025
4014 E. 143rd Street
Grandview, MO
Total Building Size – 100,000
Available Space – 40,000
Minimum Divisible – 20,000
Clear Height – 32'-36’
Lease Rate – $7.75
Tax Rate: $0.85
Grandview spec building. Owner occupies portion of building. 57.50% Tax Abatement for 15 years.
Lee’s Summit Commerce Center Building B
Total Building Size – 113,400
Available Space – 68,040
Minimum Divisible – 30,000
Clear Height – 36'
Lease Rate – $6.50 - $7.50
Tax Rate: $0.34
75% tax abatement years 1-10, 50 years
11-20. Delivered Q2 2023.
Sublease Availability
Existing Property
EXISTING PROPERTIES
SUBLEASE AVAILABILITY
LOCATION
Total Building Size
Available Space
South Johnson County/ Douglas County Total
1,872,180
1,327,134
17150 Mercury St, Gardner, KS
1,107,000
1,107,000
NW/NE Kansas City (Northland) Total
431,663
431,663
Northland Park Building V, Kansas City, MO
95,280
95,280
1900 N Corrington Ave, Kansas City, MO
264,082
35,280
Lone Elm Commerce Center Building 3, Olathe, KS
134,643
53,608
Riverside Horizons Building VI, Riverside, MO 64150
411,888
58,728
TOTAL SUBLEASE
2,869,013
1,758,797
SUBLEASE
SUBLEASE
17201 College Boulevard, Lenexa, KS
Total Building Size – 195,409
Available Space – 58,770
Minimum Divisible – 20,000
Clear Height – 28’
Lease Rate – $6.50
Tax Rate: $1.28
Lenexa Logistics Centre South #8; 55% tax abatement for 10 years.
Lone Elm Commerce Center Building 3, Olathe, KS
Total Building Size – 134,643
Available Space – 53,608
Minimum Divisible – 27,000
Clear Height – 32’
Lease Rate – $7.25
Tax Rate: $0.73
Front park, rear load spec building. Delivered October 2023.
KCI Logistics Centre VI
Kansas City, MO
Total Building Size – 349,440
Available Space – 145,600
Minimum Divisible – 145,600
Clear Height – 32’
Lease Rate – $6.15
Tax Rate: TBD
Former UNIS space. 3,022 SF office. NNN's are $.99/SF
7501 NW 106th Terrace
Kansas City, MO 64153
Total Building Size – 603,068
Available Space – 603,068
Minimum Divisible – 202,240
Clear Height – 32’
Lease Rate – $4.25-$5.00
Tax Rate: $0.90
200K SF addition to existing building. 25 year PILOT for the expansion. Total taxes of $0.90. Full building available.
Northland Park Building V
Kansas City, MO
Total Building Size – 339,678
Available Space – 339,678
Minimum Divisible – 339,678
Clear Height – 36’
Lease Rate – $8.50
Tax Rate: Est. $0.10
ABFreight sublease. 2020 construction. Includes 110 docks, 298 parking stalls and
366 tralier stalls.
SUBLEASE
Blue River Commerce Center Bldg 3,
Kansas City, MO
Total Building Size – 463,161
Available Space – 150,000
Minimum Divisible – 20,000
Clear Height – 36'
Lease Rate – $6.50
Tax Rate: $0.00
Nautical Fulfillment overflow space. Flexible term and size. Full-service rate
SUBLEASE
1900 N Corrington Ave
Kansas City, MO
Total Building Size – 264,082
Available Space – 35,280
Minimum Divisible – 35,280
Clear Height – 36'
Lease Rate – $6.50
Tax Rate: $0.00
Sublease in Executive Park Logistics Center 2. 100% Tax Abatement.
SUBLEASE
10901-10941 Mill Creek Rd - Lenexa Logistics Centre N5
565,170
59,049
Inland Port XXXII, Edgerton, KS
Total Building Size – 764,735
Available Space – 463,435
Minimum Divisible – 463,435
Clear Height – 36’
Lease Rate – $5.00-$6.00
Tax Rate: $0.62
2016 Construction. Former Matheson space.
175th Commerce Centre, Olathe, KS
1,070,824
1,070,824
KCI Logistics Centre VI, Kansas City, MO
349,440
145,600
7501 NW 106th Terrace - Kansas City, MO
603,068
603,068
16000-16200 W 116th Street,
Lenexa, KS
Total Building Size – 606,623
Available Space – 144,388
Minimum Divisible – 144,388
Clear Height – 36’
Lease Rate – $5.50
Tax Rate: $0.56
Lenexa Logistics Centre East 4; 10 year fixed PILOT
Riverside Horizons Building V, Riverside, MO 64150
Total Building Size – 492,116
Available Space – 40,785
Minimum Divisible – 40,785
Clear Height – 36’
Lease Rate – $7.50
Tax Rate: $1.29
2017 construction, backfill space. No tax abatement. NNN's are $2.48/SF.
Riverside Horizons Building VI, Riverside, MO 64150
Total Building Size – 411,888
Available Space – 58,728
Minimum Divisible – 58,728
Clear Height – 36’
Lease Rate – $7.50
Tax Rate: $1.29
2017 construction, backfill space. No tax abatement. NNN's are $2.48/SF.
Northland Park Building III
Kansas City, MO
Total Building Size – 563,332
Available Space – 55,977
Minimum Divisible – 55,977
Clear Height – 36’
Lease Rate – Est $6.00-$6.50
Tax Rate: Est. $0.20
Single load vacancy in Northland Park.
Eastgate Commerce Center A2
Little Blue Pkwy & RD Mize
Total Building Size – 284,000
Available Space – 268,000
Minimum Divisible – 60,000
Clear Height – 36'
Lease Rate – $6.00 - $6.50 est.
Tax Rate: $0.19
NorthPoint spec industrial building. Delivered December 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
Riverside Horizons Building X, Riverside, MO 64150
207,752
150,760
Riverside Horizons Building X, Riverside, MO 64150
Total Building Size – 207,752
Available Space – 150,760
Minimum Divisible – 150,760
Clear Height – 36’
Lease Rate – $7.00
Tax Rate: $1.29
2021 construction, backfill space. No tax abatement. NNN's are $2.48/SF.
Total Building Size – 284,000
Available Space – 227,249
Minimum Divisible – 60,000
Clear Height – 36'
Lease Rate – Est. $6.00 - $6.50
Tax Rate: $0.19
NorthPoint spec industrial building. Delivered December 2023. 20 year tax abatement. $0.19/SF for years 1-12 with fixed abatement for years 13-20.
Blue River Commerce Center Building 3, Kansas City, MO
463,161
300,000
Blue River Commerce Center Bldg 3,
Kansas City, MO
Total Building Size – 463,161
Available Space – 300,000
Minimum Divisible – 150,000
Clear Height – 36'
Lease Rate – $5.50-$6.00
Tax Rate: $0.17
Former Nautical Fulfillment space. 4,000 SF Office.
Flint Commerce Center Building C - DeSoto, KS
1,019,520
509,760
Lee's Summit Commerce Center - Building C, Lee's Summit, MO
253,000
253,000
2201 NE Town Centre Blvd, Lee's Summit, MO
250,000
120,000
NW/NE Kansas City (Northland) Total
264,082
35,280
Great Plains Commerce Center,
Building C, Olathe KS
Total Building Size – 140,000
Available Space – 140,000
Minimum Divisible – 21,000
Clear Height – 32'
Lease Rate – TBD
Tax Rate: $0.75
Blue Scope. Building C. Front park rear load spec building. Delivered February 2024. 50% Tax Abatement for 10 years.
Platte City Commerce Center,
Platte City, MO
Total Building Size – 748,000
Available Space – 748,000
Minimum Divisible – TBD
Clear Height – 36'
Lease Rate – $5.00-$5.25
Tax Rate: Est. $0.08
Mass Grading underway on 748K. Rate TBD, 16-year PILOT starting at $0.08/SF. Delivered May 2024.
Flint Commerce Center, DeSoto, KS
Total Building Size – 1,019,520
Available Space – 509,760
Minimum Divisible – 509,760
Clear Height – 40'
Lease Rate – TBD
Tax Rate: $0.34
Flint Development. Fixed PILOT at $0.34/SF ($0.29/SF for manufacturing uses)
2201 NE Town Centre Blvd,
Lee's Summit, MO
Total Building Size – 250,000
Available Space – 120,000
Minimum Divisible – 25,000
Clear Height – 34'-36'
Lease Rate – $7.50
Tax Rate: $0.36
75% tax abatement years 1-10, 50 years
11-20. Delivered Q2 2024.
30901 W 191st St - Inland Port XI Edgerton, KS
SUBLEASE
Total Building Size – 765,180
Available Space – 220,134
Minimum Divisible – 220,134
Clear Height – 36’
Lease Rate – $4.50
Tax Rate: $0.63
Invenergy space. 2015 construction. Sublease through March 2026. NNN's are $1.17/SF.
Lee’s Summit Commerce Center Building C
Total Building Size – 253,000
Available Space – 253,000
Minimum Divisible – 30,000
Clear Height – 36'
Lease Rate – $5.50-$7.50
Tax Rate: $0.34
75% tax abatement years 1-10, 50 years
11-20. Delivered Q2 2024.
Great Plains Commerce Center C, Olathe, KS
140,000
140,000
New Century Commerce Center Building B2, New Century, KS
333,382
68,063
Three Trails Industrial Park Building 1, Kansas City, MO
364,015
88,951
New Century Commerce Center Building B2, New Century, KS
Total Building Size – 333,382
Available Space – 68,063
Minimum Divisible – 68,063
Clear Height – 36’
Lease Rate – Est. $6.00 - $6.50
Tax Rate: $0.30
VanTrust. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years). Completed July 2024.
Three Trails Industrial Park Building 1 Kansas City, MO
Total Building Size – 364,015
Available Space – 88,951
Minimum Divisible – 88,951
Clear Height – 36'
Lease Rate – $6.50
Tax Rate: Est. $0.00
Former Keystone Technologies space.
Raymore Commerce Center 2, Raymore, MO
498,000
29,120
North JOCO / WYCO / Jackson County / South KC Total
498,000
29,120
30901 W 191st St - Inland Port XI, Edgerton, KS
765,180
220,134
4110 NW Helena Road, Riverside, MO 64150
336,383
336,383
Inland Port XV, Edgerton, KS
548,465
548,465
Inland Port IX, Edgerton, KS
Total Building Size – 1,107,000
Available Space – 1,107,000
Minimum Divisible – TBD
Clear Height – 40’
Lease Rate – TBD
Tax Rate: $0.62
Delivered Q4 2023
Inland Port XV, Edgerton, KS
Total Building Size – 548,465
Available Space – 548,465
Minimum Divisible – 548,465
Clear Height – 36’
Lease Rate – $5.00-$6.00
Tax Rate: $0.62
2016 Construction. Current Smart Warehousing space.
10901-10941 Mill Creek Rd
Lenexa Logistics Centre N5
Total Building Size – 565,170
Available Space – 59,049
Minimum Divisible – 59,049
Clear Height – 36’
Lease Rate – $5.75
Tax Rate: $1.07
KGP Space; NNN's are $1.07/SF
SUBLEASE
4110 NW Helena Road
Riverside, MO 64150
Total Building Size – 336,383
Available Space – 336,383
Minimum Divisible – 336,383
Clear Height – 36’
Lease Rate – $6.25
Tax Rate: $1.40
YanFeng sublease thrrough 12/31/2026. Former Build to Suit. NNN's are $3.42/SF. 30,060 SF office.
3155 Heartland Drive, Liberty, MO
Total Building Size – 95,280
Available Space – 95,280
Minimum Divisible – 95,280
Clear Height – 24’
Lease Rate – Est $6.00-$6.50
Tax Rate: $1.90
Hearland Meadows AHI sublease through 4/30/29. 2019 Construction.
SUBLEASE
SUBLEASE
1220 Washington Street, Suite 300
Kansas City, MO 64105
nmrkzimmer.com
Current under construction properties in each Kansas City submarket
UNDER CONSTRUCTION
PROPERTIES
3Q 2024
LOCATION
Total Building Size
Available Space
South Johnson County/ Douglas County Total
530,194
530,194
North JOCO/ WYCO/ Jackson County/ South KC Total
1,322,402
708,965
TOTAL UNDER CONSTUCTION
2,379,098
1,765,661
Click to view property details
Lone Elm Commerce Center Building 3, Olathe, KS
Total Building Size – 134,643
Available Space – 134,643
Minimum Divisible – 27,000
Clear Height – 32’
Lease Rate – $6.00-$7.00
Tax Rate: $0.73
Front park, rear load spec building. Delivery End of Q2. 10 year PILOT TBD.
Lone Elm Commerce Center Building 4, Olathe, KS
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.
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
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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: $1.26
Lenexa Logistics Centre South #8; 55% tax abatement for 10 years. Q3 2023 Delivery.
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 – 240,000
Available Space – 240,000
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. August 2023 Delivery..
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. Delivers Q2 2024
2000 N Corrington Ave, Kansas City, MO
225,592
142,600
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New Century Commerce Center, Building G2, New Century, KS
330,000
330,000
7501 NW 106th Terrace
Kansas City, MO 64153
Total Building Size – 603,068
Available Space – 603,068
Minimum Divisible – 202,240
Clear Height – 32’
Lease Rate – $4.25-$5.00
Tax Rate: $0.90
200K SF addition to existing building. Delivers late September. 25 year PILOT of $0.90. Full building available.
4014 E. 143rd Street
Grandview, MO
Total Building Size – 100,000
Available Space – 40,000
Minimum Divisible – 40,000
Clear Height – 32-36’
Lease Rate – $7.00
Tax Rate: $0.85
Grandview spec building. 60,000 SF occupied. Delivery July 2023
175th Commerce Centre, Olathe, KS
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 Center building 1. Delivery July 2023. 50% tax abatement for 10 years
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 February 2024. 50% Tax Abatement for 10 years.
Platte City Commerce Center
Platte City, MO
Total Building Size – 748,000
Available Space – 748,000
Minimum Divisible – TBD
Clear Height – 36'
Lease Rate – $5.00-$5.25
Tax Rate: Est. $0.08
Mass Grading underway on 748K. Rate TBD, 16-year PILOT starting at $0.08/SF. Delivery May 2024.
Flint Commerce Center
Building C - DeSoto, KS
Total Building Size – 1,019,520
Available Space – 509,760
Minimum Divisible – 509,760
Clear Height – 40'
Lease Rate – TBD
Tax Rate: $0.34
Flint Development. Fixed PILOT at $0.34/SF ($0.29/SF for manufacturing uses)
Lone Elm Commerce Center Building 5, Olathe, KS
Total Building Size – 200,194
Available Space – 200,194
Minimum Divisible – 27,000
Clear Height – 32’
Lease Rate – $6.00-$7.00
Tax Rate: $0.73
Front park, rear load spec building. Delivering Q1 2025
16820 W 113th Street, Lenexa, KS
Total Building Size – 82,000
Available Space – 30,032
Minimum Divisible – 30,032
Clear Height – 36’
Lease Rate – $8.50
Tax Rate: $0.53
Owner-user building with excess distribution space. Delivers Q1 2024.
10-year Fixed PILOT tax amount.
Heartland Logistics Park
Building 3, Shawnee, KS
Total Building Size – 852,826
Available Space – 322,381
Minimum Divisible – TBD
Clear Height – 36’
Lease Rate – TBD
Tax Rate: $0.37
Heartland Logistics Park Building 3, Fixed pilot 10 years; 525,000 SF pre-leased; Q1 2025 Delivery
2201 NE Town Centre Blvd
Lee's Summit, MO
Total Building Size – 250,000
Available Space – 212,500
Minimum Divisible – 25,000
Clear Height – 34'-36'
Lease Rate – $6.50-$7.50
Tax Rate: $0.36
75% tax abatement years 1-10, 50 years
11-20. Delivers Q1 2024
2000 N Corrington Ave
Kansas City, MO
Total Building Size – 225,592
Available Space – 142,600
Minimum Divisible – 142,600
Clear Height – 36’
Lease Rate – TBD
Tax Rate: $0.00
Executive Park Logistics Center 3, 100% abatement year 1-10, 50% years 11-25.
Q4 2024 Delivery.
Heartland Logistics Park - Building 3, Shawnee, KS
852,826
322,381
Compass 70 Logistics Park 3 - Bonner Springs, KS
243,984
243,984
Compass 70 Logistics Park 3
Bonner Springs, KS
Total Building Size – 243,984
Available Space – 243,984
Minimum Divisible – 43,000
Clear Height – 36’
Lease Rate – TBD
Tax Rate: $0.63
Building 3. Adjacent to Medline BTS. 10 Year Fixed PILOT ($0.63/SF). Summer 2025 Delivery.
Lone Elm Commerce Center Building 3, Olathe, KS
200,194
200,194
New Century Commerce Center Building G2, New Century, KS
Total Building Size – 330,000
Available Space – 330,000
Minimum Divisible – 50,000
Clear Height – 36’
Lease Rate – Est. $6.00 - $7.50
Tax Rate: $0.30
VanTrust. PILOT Payment Tax Abatement: $0.30/SF escalating at 1.5% per year (10 years). Completing Q3/Q4 25
NW/NE Kansas City (Northland) Total
526,502
526,502
Platte City Commerce Center Building C, Platte City, MO
526,502
526,502
Platte International Commerce Center
Building C, Platte City, MO
Total Building Size – 526,502
Available Space – 526,502
Minimum Divisible – TBD
Clear Height – 36'
Lease Rate – $6.50
Tax Rate: Est. $0.16
Q2 2025 Delivery. NNN's total $0.60/SF.
1220 Washington Street, Suite 300
Kansas City, MO 64105
nmrkzimmer.com
Current announced/pending properties in each Kansas City submarket
ANNOUNCED/ PENDING
PROPERTIES
3Q 2024
LOCATION
Total Building Size
Available Space
South Johnson County/ Douglas County Total
180,033
180,033
North Liberty Logistics Park Building 1, Liberty, MO
384,000
384,000
North Liberty Logistics Park Building 2, Liberty, MO
525,000
525,000
NW/NE Kansas City (Northland) Total
2,853,382
2,853,382
Heartland Logistics Park - Building 4, Shawnee, KS
187,200
187,200
I-49 Commerce Center, I-49 & 155th St, Kansas City, MO
564,000
564,000
North JOCO/ WYCO/ Jackson County/ South KC Total
2,000,258
2,000,258
TOTAL ANNOUNCED/PENDING
5,033,673
5,033,673
Click to view property details
207th Street - IP 61, Edgerton, KS
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. Construction commencement not yet determined.
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. Construction commencement not yet determined.
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 – TBD
Tax Rate: TBD
Construction Date TBD. 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 – 108,000
Clear Height – 36’
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,
I-49 & 155th St, 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.
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43rd Street Logistics Centre - Shawnee, KS
257,615
257,615
K-7 Logistics Park - K7 & Monticello Rd, Shawnee, KS
991,443
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
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
180,033
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). Pad in place.
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.
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.
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KCI Logistics Centre X, Kansas City, MO
238,000
238,000
KCI Logistics Centre IX, Kansas City, MO
503,880
503,880
Platte City Commerce Center
Platte City, MO
Total Building Size – 748,000
Available Space – 748,000
Minimum Divisible – TBD
Clear Height – TBD
Lease Rate – TBD
Tax Rate: Est. $0.08
Mass Grading underway on 748K. Rate TBD, 16-year PILOT starting at $0.08/SF. Delivery May 2024.
KCI Logistics Centre IX
Kansas City, MO
Total Building Size – 503,880
Available Space – 503,880
Minimum Divisible – TBD
Clear Height – TBD
Lease Rate – TBD
Tax Rate: Est. TBD
Proposed Cross-dock. Construction start TBD.
KCI Logistics Centre X
Kansas City, MO
Total Building Size – 238,000
Available Space – 238,000
Minimum Divisible – TBD
Clear Height – TBD
Lease Rate – TBD
Tax Rate: Est. TBD
Proposed front park, rear load. Construction start TBD.
Liberty Heartland Logistics Center Building D, Liberty, MO
676,000
676,000
Liberty Heartland Logistics Park D
Total Building Size – 676,000
Available Space – 676,000
Minimum Divisible – 225,000
Clear Height – 36’
Lease Rate – TBD
Tax Rate: TBD
Final spec builidng at Liberty Heartland Logistics Center. 90%, 10 Year Abatement.
1220 Washington Street, Suite 300
Kansas City, MO 64105
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Kansas City Area Industrial Projects
Tax abatement
summary
3Q 2024
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
478,295
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)
Kansas City,
Missouri
386,000
90%, 10 Yrs., 50% Yrs. 11-20
Lone Elm Commerce Center
(Industrial Park)
Olathe,
Kansas
560,000
10 Yr PILOT at $0.73/SF
Three Trails Industrial Park
(Industrial Park)
Kansas City,
Missouri
1,300,000
100% 13 Yrs., 50% Yr. 15, 10% Yr. 20
Lenexa Logistics Center
(Industrial Park)
Lenexa,
Kansas
600,000
55%, 10 Yrs.
Logistic Park KC
(Industrial Park)
Edgerton,
Kansas
4,000,000
10 Yr. Fixed PILOT ($.62/SF)
College Crossing
(Industrial Park)
Lenexa,
Kansas
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)
Olathe,
Kansas
567,115
50%, 10 Yrs.
Lone Elm 716
(Industrial Building)
Olathe,
Kansas
718,068
50%, 10 Yrs.
Midwest Gateway
(Industrial Buildings)
Edgerton,
Kansas
487,000
50%, 10 Yrs.
KCI Intermodal Centre
(Industrial Park)
Kansas City,
Missouri
1,800,000
Land lease in lieu of Tax. ($0.32/SF)
Widmer 140
(Industrial Building)
Lenexa,
Kansas
140,000
50%, 10 Yrs.
Meritex Lenexa Executive Park
(Industrial Park)
Lenexa,
Kansas
240,000
No Tax Abatement
Heartland Logistics Park
(Industrial Park)
Shawnee,
Kansas
852,826
$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)
Kansas City,
Missouri
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)
Kansas City,
Missouri
243,353
$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)
Liberty,
Missouri
181,321
90%, 10 Yrs Fixed
Liberty Commerce Center
(Industrial Park)
Liberty,
Missouri
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)
Olathe,
Kansas
1,070,824
50%, 10 Yrs.
Scannell 435 Logistics Center
(Industrial Park)
Kansas City,
Kansas
456,840
Tax Abatement Structure TBD
I-49 Industrial Center
(Industrial Building)
Kansas City,
Missouri
366,000
90%, 10 Yrs.
Liberty Heartland Logisitcs Park
(Industrial Park)
Liberty,
Missouri
2,300,000
90%, 10 Yrs.
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)
Olathe,
Kansas
382,500
50% 10 Yrs.
Heartland Cold Storage
(Industrial Building)
Liberty,
Missouri
167,575
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)
Olathe,
Kansas
236,160
50% Tax Abatement for 10 yrs ($0.75/SF)
I-49 Commerce Center
(Industrial Building)
Kansas City, Missouri
564,000
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)
Lenexa,
Kansas
142,500
10 Yr Tax Abatement schedule, starting at 80+% in yr 1 and decreasing to 55% in yr 10.
North Liberty Logistics Center
(Industrial Park)
Liberty,
Missouri
909,000
20 Yr Fixed Tax Abatement. TBD
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ANNOUNCED PROPERTIES
TAX ABATEMENT SUMMARY
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
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Platte City Commerce Center
(Industrial Park)
Platte City,
Missouri
748,000
16 yr PILOT starting at $0.08/SF.
Flint Commerce Center
(Industrial Park)
De Soto,
Kansas
1,019,520
Fixed PILOT: $0.34/SF ($0.29 for manufacturing uses).
Grandview Logistics Center
(Industrial Building)
Grandview,
Missouri
100,000
$0.85/SF (57.50% abatement for 15 years).
