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4370 N Oak Trfy 6,000 SF 100% Leased Office Building Kansas City, MO 64116 $875,000 ($145.83/SF) 5.80% Cap Rate
EXECUTIVE SUMMARY
Fully Occupied, 6000 sq ft building for sale off of North Oak Trafficway in the Northland. Twin Building next door also for sale, 4380 N Oak.
2 tenants with 4 years remaining on initial term.
Tenants pay all utilities except for PS electric meter.
Building is in excellent condition.
Parking lot located at the rear of the building can also be purchased.
2 tenants with 4 years remaining on initial term.
Tenants pay all utilities except for PS electric meter.
Building is in excellent condition.
Parking lot located at the rear of the building can also be purchased.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$69,600
|
$11.60
|
| Other Income |
$2,400
|
$0.40
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$72,000
|
$12.00
|
| Taxes |
$6,516
|
$1.09
|
| Operating Expenses |
$14,757
|
$2.46
|
| Total Expenses |
$21,273
|
$3.55
|
| Net Operating Income |
$50,727
|
$8.45
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $69,600 |
| Annual Per SF | $11.60 |
| Other Income | |
|---|---|
| Annual | $2,400 |
| Annual Per SF | $0.40 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $72,000 |
| Annual Per SF | $12.00 |
| Taxes | |
|---|---|
| Annual | $6,516 |
| Annual Per SF | $1.09 |
| Operating Expenses | |
|---|---|
| Annual | $14,757 |
| Annual Per SF | $2.46 |
| Total Expenses | |
|---|---|
| Annual | $21,273 |
| Annual Per SF | $3.55 |
| Net Operating Income | |
|---|---|
| Annual | $50,727 |
| Annual Per SF | $8.45 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
6,000 SF
Building Class
B
Year Built
1986
Price
$875,000
Price Per SF
$145.83
Cap Rate
5.80%
NOI
$50,725
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,000 SF
Building FAR
0.29
Lot Size
0.47 AC
Zoning
B1-1
Parking
22 Spaces (3.67 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Courtyard
- Signage
- Kitchen
- Central Heating
- Drop Ceiling
- Yard
- Air Conditioning
- Balcony
1 1
PROPERTY TAXES
| Parcel Number | 17-309-00-23-009.00 | Total Assessment | $134,400 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | $6,516 ($1.09/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
17-309-00-23-009.00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$134,400 (2025)
Annual Taxes
$6,516 ($1.09/SF)
Tax Year
2023
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4370 N Oak Trfy
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