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1060 NE McQuerry Rd
Grain Valley, MO 64029
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Tenancy
- Conveniently located off Interstate 70
EXECUTIVE SUMMARY
Grain Valley Marketplace (the “Property”) is a 7,115 square foot retail center located in Grain Valley, Missouri, a suburb of Kansas City. The Property is located off Interstate 70 and Buckner Tarsney Road just east of Kansas City. This offering presents an opportunity to purchase a stabilized asset with a mix of national tenants and local tenants in a strong trade area with one vacant space which provides for upside opportunity.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,115 SF
Building Class
B
Year Built
2017
Price
$2,010,000
Price Per SF
$282.50
Cap Rate
7.50%
NOI
$150,750
Percent Leased
83%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.96 AC
PROPERTY TAXES
| Parcel Number | 37-530-03-36-00-0-00-000 | Improvements Assessment | $245,053 |
| Land Assessment | $47,715 | Total Assessment | $292,768 |
PROPERTY TAXES
Parcel Number
37-530-03-36-00-0-00-000
Land Assessment
$47,715
Improvements Assessment
$245,053
Total Assessment
$292,768
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