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5900-5930 Wilson Rd 32,000 SF 100% Leased Retail Building Kansas City, MO 64123 $3,900,000 ($121.88/SF) 8.11% Cap Rate
INVESTMENT HIGHLIGHTS
- Strategically positioned along Independence Avenue.
- Strong visibility and accessibility.
- South of the Historic Indian Mound Neighborhood.
EXECUTIVE SUMMARY
This 29,440 sq ft local shopping center offers an excellent tenant mix that ensures consistent foot traffic and visibility. National brands such as Family Dollar, Rent-A-Center, Cricket Wireless, and Pizza Hut anchor the center, drawing customers from the Northeast neighborhoods of Kansas City.
Complementing these well-known names are four smaller, locally-owned businesses that add a community-focused character to the center. Conveniently located directly to the west of the North-East Branch of the Kansas City Public Library and adjacent to the highly frequented Price Chopper grocery store, this shopping center benefits from significant traffic.
Strategically positioned along Independence Avenue, just south of the Historic Indian Mound Neighborhood, the center boasts strong visibility and accessibility. With virtually no competition in any direction, it stands as a key retail destination that supports a thriving residential and commercial area.
The business and building are for sale.
Complementing these well-known names are four smaller, locally-owned businesses that add a community-focused character to the center. Conveniently located directly to the west of the North-East Branch of the Kansas City Public Library and adjacent to the highly frequented Price Chopper grocery store, this shopping center benefits from significant traffic.
Strategically positioned along Independence Avenue, just south of the Historic Indian Mound Neighborhood, the center boasts strong visibility and accessibility. With virtually no competition in any direction, it stands as a key retail destination that supports a thriving residential and commercial area.
The business and building are for sale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
32,000 SF
Building Class
B
Year Built
1986
Price
$3,900,000
Price Per SF
$121.88
Cap Rate
8.11%
NOI
$316,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.22
Lot Size
3.36 AC
Zoning
M1-5 / ICO - Retail / Independence Corridor Overlay
Parking
142 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
400’ on Wilson Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-730-16-02-01-0-00-000 | Improvements Assessment | $509,875 |
| Land Assessment | $177,843 | Total Assessment | $687,718 |
PROPERTY TAXES
Parcel Number
13-730-16-02-01-0-00-000
Land Assessment
$177,843
Improvements Assessment
$509,875
Total Assessment
$687,718
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5900-5930 Wilson Rd
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