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Dancing Crab Cajun Seafood & Bar 1713 Village West Pky 4,634 SF Retail Building Kansas City, KS 66111 $1,717,696 ($370.67/SF) 6.25% Cap Rate
Investment Highlights
- Fee Simple Ownership | The property is offered as fee simple ownership, providing the buyer full control of the land and building
- Established Restaurant Location | The building has operated as a restaurant for nearly two decades, with existing infrastructure
- Tenant in Place | Dancing Crab Cajun Seafood & Bar currently occupies the building under a Modified Triple Net (MTNN) lease
Executive Summary
Surmount is pleased to present the exclusive listing for a Dancing Crab Cajun Seafood & Bar located at 1713 Village West Parkway, Kansas City, KS 66111. The site consists of roughly 4,634 rentable square feet of building space on an estimated 0.52-acre parcel of land. This Dancing Crab Cajun Seafood & Bar is subject to a 5-year Double Net (NN) lease, which commenced 3/30/2022. The current annual rent is $100,233 and has scheduled increases of 3.00% increases in 2027 and 2030.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,634 SF
Building Class
B
Year Built
2004
Price
$1,717,696
Price Per SF
$370.67
Cap Rate
6.25%
NOI
$107,356
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.20
Lot Size
0.52 AC
Frontage
502’ on Village West Pky
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 266609 | Improvements Assessment | $233,848 |
| Land Assessment | $92,223 | Total Assessment | $326,071 |
Property Taxes
Parcel Number
266609
Land Assessment
$92,223
Improvements Assessment
$233,848
Total Assessment
$326,071
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Dancing Crab Cajun Seafood & Bar | 1713 Village West Pky
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