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3222-3228 Troost Ave 10,500 SF Retail Building Kansas City, MO 64109 $600,000 ($57.14/SF)
INVESTMENT HIGHLIGHTS
- Prime location with great frontage on Troost Ave.
EXECUTIVE SUMMARY
Parcels included in Purchase:
29-840-17-25-00-0-00-000
29-840-17-16-00-0-00-000
29-840-17-18-00-0-00-000
29-840-17-19-00-0-00-000
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$131,250
|
$12.50
|
| Other Income |
$11,250
|
$1.07
|
| Vacancy Loss |
$10,500
|
$1.00
|
| Effective Gross Income |
$132,000
|
$12.57
|
| Taxes |
$3,508
|
$0.33
|
| Operating Expenses |
$12,000
|
$1.14
|
| Total Expenses |
$15,508
|
$1.48
|
| Net Operating Income |
$116,492
|
$11.09
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $131,250 |
| Annual Per SF | $12.50 |
| Other Income | |
|---|---|
| Annual | $11,250 |
| Annual Per SF | $1.07 |
| Vacancy Loss | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $1.00 |
| Effective Gross Income | |
|---|---|
| Annual | $132,000 |
| Annual Per SF | $12.57 |
| Taxes | |
|---|---|
| Annual | $3,508 |
| Annual Per SF | $0.33 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $1.14 |
| Total Expenses | |
|---|---|
| Annual | $15,508 |
| Annual Per SF | $1.48 |
| Net Operating Income | |
|---|---|
| Annual | $116,492 |
| Annual Per SF | $11.09 |
PROPERTY FACTS
AMENITIES
- Corner Lot
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Brick & steel building with +/- 10,500 SF located at 32nd & Troost in Kansas City, MO. This property sits on a large land footprint, and includes three land parcels behind the building providing approx. a quarter acre of paved parking. Owner will complete repairs to the building (roof, mechanicals, TI) and subdivide to accommodate a tenant looking to lease a minimum of 5,000 SF. Owner will also consider offers to purchase the building and land/parking lot in as-is condition, but would prefer to rehab and lease this space.
| Space | Size | Space Use | Position | Available |
| 3222-3228 | 5,000-10,500 SF | Retail | - | Now |
3222-3228
| Size |
| 5,000-10,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
3222-3228
| Size | 5,000-10,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Brick & steel building with +/- 10,500 SF located at 32nd & Troost in Kansas City, MO. This property sits on a large land footprint, and includes three land parcels behind the building providing approx. a quarter acre of paved parking. Owner will complete repairs to the building (roof, mechanicals, TI) and subdivide to accommodate a tenant looking to lease a minimum of 5,000 SF. Owner will also consider offers to purchase the building and land/parking lot in as-is condition, but would prefer to rehab and lease this space.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $259,257 | |
| Land Assessment | $129,126 | Annual Taxes | $3,508 ($0.33/SF) |
| Improvements Assessment | $130,131 | Tax Year | 2025 |
PROPERTY TAXES
Presented by
CCRS
3222-3228 Troost Ave
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