One of the first spec buildings of its size in many years is going up in Lenexa. Construction is underway on a new speculatively built 24,000-square-foot industrial building at 109th and Mid-America in Lenexa.
Located adjacent to the developer, Rose Design Build, the building is one of the smallest spec buildings in the market. According to Russ Pearson of NAI-Heartland, who is marketing the building with Nathan Anderson, Rose has owned the land site for years and finally decided that market conditions were ripe to build something the market currently lacks: smaller, flex spaces geared at 6-12,000 SF users.
“The location can’t be beat – it’s one of the best locations in the city.” Pearson said. “Too often smaller flex users in this market are forced to deal with quirky or antiquated space, and we felt the market was ready for a high-quality smaller flex space option.”
It’s a hybrid building, part concrete and part steel, and can be divvied up into four units. The interior office will be built to the user’s needs. The building includes upgraded insulation and sprinklers and both dock-high and drive-in loading doors.
“Rose builds a great product and we spent several months working with them to refine these plans for optimal quality and flexibility.” Pearson said. “It’s really exciting to watch the building come to life. With the steel frame up you can really get a sense for the volume of space and how impressive the project is going to be.”
The building is scheduled to be delivered in October of this year. For more information, download a brochure.