Commercial Real Estate in Kansas City Terms to Know III

Relocating your business to a new rental space might not be something that you do very often in your career, and as a result it can be hard to become fully knowledgeable about this process.  To learn or refresh your memory before beginning your search, you might want to familiarize yourself with some basic real estate terms:

  • Fair Market Value (FMV): The price that a property would most likely sell for in the current market.
  • Fee Interest: A type of ownership in which an owner has unrestricted power to use and dispose of the property, which can also be inherited or left by will.  A common synonym for ownership.
  • Grantee:  The buyer, a person to whom a grant is made.
  • Grantor: The seller, the person granting property or property rights.
  • Leasehold Interest: Ownership of realty that is held under a lease; the use of said real estate for a fixed period of time.
  • Lessee: The business leasing realty from another party.
  • Lessor: The individual or owner of a building leasing space to another party.
  • Lien: An encumbrance or claim against property in exchange for money.
  • NNN Lease: A type of lease agreement in which the tenant is responsible for paying (in addition to rent) its proportionate share of building insurance, real estate taxes, and maintenance of common areas such as landscaping, snow plowing, and management, as well as his or her own utility and janitorial service.
  • Operating Expenses: The cost to the landlord to operate the property.  This includes utilities, real estate taxes, insurance, common area refurbishing, maintenance and repairs, materials and supplies, janitorial and repair services, security fees, property management costs, contractors and employees, cost of signs, outside maintenance, garbage removal, bulb replacement, pest control, etc.

It is important to have a working knowledge of these and other real estate terms as you enter into lease negotiations, so be sure to do your research!

If you want to learn more about commercial office rental in Overland Park through Southcreek Office Park, give us a call at 913-685-4100!

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Jazz in the Woods Near Southcreek Office Park

Jazz in the Woods Near Southcreek Office ParkAttention jazz fans: don’t miss out on Kansas City’s largest free music festival right here in Overland Park!  The Overland Park South Rotary Club is hosting its annual Jazz in the Woods event on Friday, June 15th to Saturday, June 16th!  Admission is free, but donations are welcome to benefit a handful of local charities that help youth in the area chosen by the Rotary Club each year.  This year’s charities are Love Fund for Children, Operation Breakthrough, Lee Ann Britain Infant Development Center, and Future of Hope, the Overland Park South Rotary Club Foundation.  Bring the kids to hang out at the Kids’ Pavilion, which includes face painting, inflatables, and crafts!

Entertainment Schedule:

Friday, June 15, 2012
6:30 – 7:20 PM Marcus Anderson
7:45 – 8:35 PM The Elders
9:00 – 10:15 PM Jonathan Butler / Warren Hill

Saturday, June 16, 2012
5:45 – 6:35 PM Dotsero
7:00 – 7:50 PM Brian Simpson / Jackiem Joyner
8:15 – 9:05 PM Davina and the Vagabonds
9:30 – 10:45 PM Oleta Adams

Please leave your coolers at home, as plenty of food vendors such as Jerusalem Café, Jack Stack BBQ, and Bo Lings will be there!  Help support your community and enjoy a night of jazz!

Want to learn more about how the Overland Park area can benefit your business?  Call one of our commercial realtors in Overland Park to talk to us about commercial office rental in Overland Park: 913-685-4100.

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“Bacon A Difference” Near Southcreek Office Park

Next time you are at the grocery store shopping for some tasty breakfast foods, consider picking up Farmland Foods bacon products to help support Farmland and Harvesters in the “Bacon a Difference” campaign.  Harvesters is a local clearinghouse that collects and distributes food and other household products to the hungry.  From May 26th through September 3rd, 2012, Farmland Foods will donate 4.3 cents to Harvesters for each bacon product you buy at participating grocery stores.  Supporting stores include the following:

Apple Market
Cosentinos Downtown
Country Mart
Dillons
Festival Foods
Hen House
Hy-Vee (Kansas City, Topeka and Manhattan)
John’s Super
Patricia’s Foods (Grain Valley, Marshall, Oak Grove and Odessa)
Price Chopper
Red X
SunFresh
Thriftway

This campaign will culminate in the presentation of a check to Harvesters for no less than $43,000 from Farmland Foods at the NASCAR Sprint Cup Series at Kansas Speedway in October.  Farmland will also put the Harvesters logo on Richard Petty Motorsports’ famous No. 43 Ford, which will race in the event.

Help Harvesters “Bacon A Difference” in the lives of hungry people in Kansas City through an organization that Southcreek has supported in the past through various food drives!  To learn more about commercial office rental in Overland Park through Southcreek and how we provide you the opportunity to set up your business in a great community, give Kathy Woodward at DDI Commercial, one of our brokers, a call at 913-658-4100!

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Best US Office Park

commercial office rental in Kansas CityAre you trying to find the best place for commercial office rental in Kansas City?  Southcreek Office Park located in Overland Park offers our tenants many attractive benefits.  Here are just a few reasons why Southcreek it worth taking a look at:

  • Our buildings have on site property management, which allows tenant’s needs to be responded to quickly.
  • Our location in Overland Park is ideal because we are close to many commercial areas.
  • Southcreek buildings are surrounded by nature.  You can get a view of great trees, open space, and a lake, often with walking trail access.
  • Our business is locally owned and operated.
  • Not only do tenants get to enjoy the natural scenery, but we also have sculptures scattered throughout the park.
  • Our tenants are close to hospitals, restaurants, and golf courses, which makes Southcreek a great location for entertaining clients.
  • Since we are in Kansas, the heart of the country, we are so easy for business travelers to access from both coasts.

These are just a few of the benefits of commercial office rental in Overland Park with Southcreek Office Park.  We would love to talk to you about what you are looking for in an office rental location, so please give one of our commercial real estate brokers, Elaine Sight or Cathy Woodward, a call at 913-685-4100 to talk to us and find out more about what Southcreek can offer you!

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Lenny’s Sub Shop Special Near Southcreek Overland Park

Lenny Sub Looking for a place to grab a sandwich near the office?  Lenny’s Sub Shop has a great deal for tenants of Southcreek Office Park during the month of April!  Lenny’s prides itself on its Philly Cheese steak Sandwich, but they also serve a variety of other hot and cold sandwiches including a French Dip, a Meatball sub, an Italian sub, a Chicken Salad Sub, and more.

From April 1st – 30th Lenny’s is offering a Business Appreciation deal: A regular sized sub, chips, and a drink for only $6!  To take advantage of this offer, present the flyer found in the Southcreek Office Park newsletter or show a Southcreek ID at the register.  Lenny’s also offers free delivery for orders over $25 for if you ever want to order in lunch with a group at the office.  You can order your food online for speedy pick-up or delivery, and Lenny’s also caters if you ever need sandwiches for an event.  Lenny’s has two locations in the Overland Park area:

Lenny’s #561
8327 W 135th Street
Overland Park, KS 66223

Lenny’s #560
9343 W 87th Street
Overland Park, KS 66212

Be sure to take advantage of this deal during the month of April!  If you want to find out more about the benefits of commercial office rental in Overland Park—a great community to conduct business in—through Southcreek Office Park, give one of our commercial real estate brokers in Overland Park a call at 913-685-4100.

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South Creek Overland Park Building V

Commercial office rental in Overland Park means access to all of the businesses this thriving area has to offer—Available office space Overland Park, Kansasrestaurants, hotels, golf courses—that can be useful to you in your business.  If you are looking for access to these kinds of amenities, consider office rental at Southcreek Building V.  Here is some information about space available in this building:

Address: 12980 Metcalf Ave. Overland Park, KS 66213
Total Square Footage: 24,206 sq. ft.
Number of Floors: 5
Year Built: 1997
Space Available:

  1. 835 sq. ft. of space is available divided into three large areas for you to design according to your preferences.
  2. A first floor suite offers 3,082 sq. ft. of space that includes open office area, a reception area, a conference room, and four offices.
  3. A 1,065 sq. ft. suite in this building has two individual offices, a break room, and a conference room.
  4. A suite of 4,394 sq. ft. of open office area is available for you to configure to fit your individual office needs.

The benefits of all of these spaces include a lot of natural light from the many walls of windows, easy major highway access, and on-site property management provided by Southcreek.  Give us a call at 913-658-4100 to talk to us more about what you are looking for in commercial rental property Overland Park so we can help you find office space to fit your business needs!

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Snake Saturday Parade & Festival Near South Creek Overland Park

This March, you can celebrate St. Patrick’s Day with several different parades and events all over Kansas City!  The Snake Saturday Parade & Festival in North Kansas City is one of the first events to kick off the week of celebrations.  This particular celebratory day is also a fundraiser, and its goal is to award over $50,000 in prize monies to 50–100 local charities.

The theme of the 2012 parade is “NKC: A Century Of Home Town Pride.”  The parade will start at 11:00 a.m. on March 17, 2012, regardless of weather conditions.  If you are interested in being a part of this spectacular Irish celebration and fundraiser, you can either volunteer, enter the Parade, become a sponsor, or just go enjoy the event!

The parade route:
Starts at 14th & Swift
Travels north on Swift to Armour Road
Turns east on Armour Road to Howell Street
Turns south and ends after crossing 18th Street

The parade awards ceremony is at 3 p.m. in the North Kansas City Community Center.  The festival aspect of the event will take place from 10 a.m. until 3 p.m., and features activities for people of all ages, carnival rides, food, a car show featuring over 50 race cars, a children’s square with free pony rides, petting zoo, live entertainment and much more!

If you want to learn more about community events you can take advantage of when you choose commercial office rental in Overland Park with Southcreek, give one of our commercial real estate brokers in Overland Park a call 913-685-4100!

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Theaters near DDI Commercial Overland Park

Want to head from the office straight to the Friday night new release?  How about changing up your business meeting location and conducting a meeting in a movie theater?  Check out some of the many theaters in the Overland Park area!

1.    AMC Town Center 20 – 11701 Nall Ave, Leawood, KS.  In addition to offering typical shows and 3D shows, AMC also offers the opportunity to for businesses to rent out a theater for a unique meeting experience.
2.    AMC Parkway 14 – 8600 Ward Parkway Kansas City, MO.
3.    Rio Theatre – 7204 West 80th Street, Shawnee Mission, KS 66204.  Rio is a more eclectic and cozy little theater connected with fine arts groups and cinema festivals in the area, though it does show movies offered at more mainstream theaters.
4.    Trailridge Cinema – 7456 Nieman Road, Shawnee Mission, KS.
5.    Dickinson Theatres Great Mall 16 Theatre – 20060 W. 151st Olathe, KS.
6.    Dickinson Theaters Palazzo 16 Theatre – 8601 W. 135th Street Overland Park, KS.

To find a more complete list of the theaters in the Kansas City area surrounding South Creek Overland Park, visit our website.  Our location in the heart of Overland Park puts you near businesses that you need both in your work (such as banks and hotels) and in the place where you live (such as hospitals and health clubs).  Check out all of the benefits of our location in Overland Park on our website, or give us a call to find out more about commercial office rental in Overland Park 913-685-4100!

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