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4501 Rainbow Blvd 2,100 SF Retail Building Kansas City, KS 66103 $600,000 ($285.71/SF) 7% Cap Rate
Investment Highlights
- Great frontage on W 45th Ave.
Executive Summary
0.1 miles from Woodside Health Club
Experienced multi-state operator as a tenant
Three years remaining on lease with options
2,100 SF Freestanding retail building on .24 acres
12,000 cars passing by daily on Rainbow Blvd
Strong demographics
Experienced multi-state operator as a tenant
Three years remaining on lease with options
2,100 SF Freestanding retail building on .24 acres
12,000 cars passing by daily on Rainbow Blvd
Strong demographics
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,100 SF
Building Class
C
Year Built
1950
Price
$600,000
Price Per SF
$285.71
Cap Rate
7%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.20
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
KC3
Parking
10 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
83’ on Rainbow Blvd
Moderately walkable
70/100
Moderately drivable
60/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 096745 | Improvements Assessment | $50,088 |
| Land Assessment | $9,463 | Total Assessment | $59,551 |
Property Taxes
Parcel Number
096745
Land Assessment
$9,463
Improvements Assessment
$50,088
Total Assessment
$59,551
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4501 Rainbow Blvd
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