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4301 State Ave
Kansas City, KS 66102
B · Retail Property For Sale
Investment Highlights
- 8% CAP RATE
- Easy Access to HWYs I-635 & I-70
- Great Visibility On State Avenue
Executive Summary
This prime investment opportunity features a ±43,360 SF retail and distribution storefront offering strong visibility and performance with an attractive 8% cap rate. Strategically located with easy highway access to both I-635 and I-70, the property benefits from excellent regional connectivity and efficient distribution capabilities. With exposure to approximately 17,300 cars per day along State Avenue, the site provides consistent traffic counts and strong market presence, making it a compelling option for investors seeking stable returns in a high-demand corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
43,360 SF
Building Class
C
Year Built
1972
Price
$2,950,000
Price Per SF
$68.04
Cap Rate
8%
NOI
$236,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
2.69 AC
Zoning
CP-1 - Commercial
Parking
84 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
362’ on State Avenue
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 292704 | Improvements Assessment | $413,688 |
| Land Assessment | $35,425 | Total Assessment | $449,113 |
Property Taxes
Parcel Number
292704
Land Assessment
$35,425
Improvements Assessment
$413,688
Total Assessment
$449,113
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