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NNN,Service-Oriented Ctr|Recent Renewals 6403-6479 N Prospect Ave 11,558 SF 100% Leased Retail Building Gladstone, MO 64119 $2,736,000 ($236.72/SF) 7.75% Cap Rate
Investment Highlights
- 100% Occupied, NNN Retail Center with Desirable Service Oriented Tenants, Shadowed by Highly Rated North Kansas City School District
- Strong Demographics: Approx. 165k People Within 5 Mile Radius & Average Household Incomes of $102k
- 15 Miles from the State-of-the-Art, Kansas City International Airport (MCI), which Opened in February, 2023 ($1.5 B Cost)
- Recent Renewals and Brand-New Leases: Athletico Physical Therapy (5-Yr Renewal/600+ Locations), Regional Finance (5-Yr Renewal/350+ Locations)
- Positioned on a Hard Corner Lot with Multiple Points of Ingress and Egress with High Combined Traffic Counts Totaling 30,000+ VPD
- Service-Oriented Retailers Ensures Recession-Resistant Performance
Executive Summary
* Just 3 Miles from Oak Park High School: Over 1,600 Students and Faculty Combined, was Named a 2018 National Model High School and Participates in the Missouri A+ Schools Program, Providing Post-Secondary Scholarship Eligibility to Qualifying Graduates
* Significant Employment Base Being Positioned Near Kansas City Metro Area: University of Missouri-Kansas City (Approx. 17,800 Students and Faculty Combined), Children’s Mercy Hospital (Approx. 8,000+ Employees), North Kansas City Hospital (Approx. 5,000 Employees), Oracle Health (Approx. 6,400 Employees), among Several Others
* Shadow Anchors North Kansas City Schools Early Education Center Serves Nearly 1,000 Preschool Students and The Professional Development Center has Hundreds of District Educators Attending Weekly Trainings, Providing Immense Foot Traffic to the Subject Center
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Health Care and Social Assistance
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99,999 SF
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Jan 0000
Athletico Physical Therapy began in 1991 when Mark Kaufman opened his first clinic in Chicago. The company has since grown into a major provider of orthopedic rehabilitation services. Athletico offers physical therapy, occupational therapy, and specialty services like hand therapy and concussion management. They also provide athletic training for various organizations and workers' compensation services. Athletico partners with numerous high schools, colleges, and professional sports teams across multiple states.
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- Finance and Insurance
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99,999 SF
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Jan 0000
Regional Finance operates a consumer-lending branch in Greer, South Carolina, serving individuals seeking personal and installment loan products, including options for customers with limited or non-traditional credit histories. The Greer branch is part of Regional Finance’s larger nationwide footprint of 350+ neighborhood locations, designed to provide face-to-face service within suburban and small-city retail corridors. Operations are supported by Regional Management Corp., the publicly traded parent company (NYSE:RM), which relocated its corporate headquarters to Greer, SC in 2016. While the Greer office profiled here functions strictly as a retail lending branch, it benefits from centralized compliance, underwriting, and servicing features managed at the regional and corporate levels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Health Care and Social Assistance | 99,999 SF | - | Jan 0000 | ||
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Finance and Insurance | 99,999 SF | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-417-00-18-009-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $436,130 |
Property Taxes
Presented by
NNN,Service-Oriented Ctr|Recent Renewals | 6403-6479 N Prospect Ave
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