Offering Memorandum | Single-Tenant | NNN Leased | Industrial

For Sale

601 N Lindenwood Dr, Olathe, KS 66062

This Olathe property for sale is located at 601 N Lindenwood Dr. The current listed sale price for Offering Memorandum | Single-Tenant | NNN Leased | Industrial is $3,515,503. Offering Memorandum | Single-Tenant | NNN Leased | Industrial is situated on a lot that is 2.13 square feet in size.

Contacts

John Stafford

Colliers

Jack Higgins

Colliers

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 18,750 SF
  • Lot Size 2.13 SF
  • Year Built 2019
  • Date Updated Aug 9, 2026

On behalf of Ownership, Colliers is pleased to present to qualified investors the opportunity to acquire 601 N. Lindenwood Drive, Olathe, Kansas

  • 100% leased to Rivian Automotive Inc (NASDAQ: RIVN) as a service and demonstration center
  • Infill Johnson County location with access via I-35/Santa Fe Road
  • 2019 construction with Class A office finish
  • Lease Term: 3.5± years remain
  • Continued Tenant Commitment: Tenant recently exercised first (of two) 3-year fixed-rate options to renew
  • Lease Type: NNN
  • Landlord Responsibilities: Structural repairs/replacement; HVAC replacement
  • Low Vacancy Submarket: 3.3% for competitive set
  • Substantial discount to replacement cost
  • Current NOI: $246,085.20
  • Annual Rent Increases: 2.0%
  • Sale Price: $3,515,503
  • Year 1 Cap Rate: 7.0%
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 50/100

    Walk Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Olathe, KS
  • Neighborhood Central Core
  • Zip Code 66062

Points of Interest

  • Phillips 66

    0.56 miles

  • Conoco

    0.94 miles

  • 7-Eleven

    1.03 miles

  • QuikTrip

    1.06 miles

  • ChargePoint

    1.60 miles

  • Hy-Vee Gas

    1.64 miles

  • BP

    1.64 miles

  • Olathe Supercharger

    1.67 miles

  • Tesla Destination Charger

    4.30 miles

  • EVgo Charging Station

    5.63 miles

  • Hertz

    0.38 miles

  • Avis

    0.42 miles

  • Enterprise

    0.59 miles

  • Budget

    0.66 miles

  • Charlie’s Car Wash

    1.33 miles

  • GO Car Wash

    1.40 miles

  • xCel Car Wash

    1.45 miles

  • Speedy Car Wash

    2.89 miles

  • City Rent A Truck

    3.28 miles

  • Go Car Wash

    3.46 miles

  • Charlie's Diner

    0.31 miles

  • Pizza Street

    0.35 miles

  • Chinese Buffet

    0.37 miles

  • Pancho's

    0.41 miles

  • McDonald's

    0.45 miles

  • Sheridan's Lattes and Frozen Custard

    0.48 miles

  • Church's Chicken

    0.51 miles

  • Fuzzy's Taco

    0.55 miles

  • Papa John's

    0.55 miles

  • The Big Biscuit

    0.57 miles

Contact Offering Memorandum | Single-Tenant | NNN Leased | Industrial
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.