5261 N Antioch Rd
Kansas City, MO 64119
Walmart Neighborhood Market · Retail Property For Sale

5.5% CAP | Walmart Neighborhood Market | 18 Yrs Walmart Neighborhood Market is located at 5261 N. Antioch Road in Kansas City, MO. The building is an approximate 41,179-square-foot single tenant building on 6.27 acres of land. There are 18 years remaining on the modified triple-net (NNN) lease with the Landlord responsible for the Initial Improvements (including the slab, foundation, and roof that are part of the Initial Improvements). Landlord is also responsible for the insurance covering the improvements. There are sixteen, five year options with 5% increases in each option. Walmart Neighborhood Markets offer fresh produce, meat and dairy products, bakery and deli items, household supplies, health and beauty aids and a pharmacy. Walmart is the world' s largest retailer and employer with over 2.2 million workers worldwide. The subject property is located in the redeveloped Antioch Crossing shopping center visible to over 46,000+ cars per day off of North Antioch Road and NE Vivion Road/Highway 69. Tenants in the center include Burlington Coat Factory, Sears, Pepperjax Grill, Firehouse Subs, GNC, Vintage Stock, Five Guys Burgers & Fries, Bank of America, GNC and Walgreens. With 20 acres under redevelopment, there will soon be many more national and local restaurants, retailers, services and more to compliment the local shopping community and neighborhoods. There are several out parcel pads surrounding Walmart Neighborhood Market that offer fast food, free-standing retail and build-to-suit opportunities. Retailers in the surrounding area including Sam' s Club, Home Depot, Lowe' s, Hy-Vee, OfficeMax, Petco, Chipotle, Discount Tire, Price Choppers, 24 Hour Fitness and more. Walmart Neighborhood Market serves over 130,700 residents and 57,000 households within a 5-mile radius of the store. The average household income is over $67,000 within a 1-mile radius.