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8312-8320 E 171st St 9,500 SF 100% Leased Retail Building Belton, MO 64012 $2,750,000 ($289.47/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent access to Hwy 49
EXECUTIVE SUMMARY
Fully leased triple net strip center with below market rents
Great visibility on main thoroughfare for Raymore and Belton
Shadow anchored by Walmart, Sam's Club, and Lowe's
Excellent access to Hwy 49
Great 1031 opportunity
Great visibility on main thoroughfare for Raymore and Belton
Shadow anchored by Walmart, Sam's Club, and Lowe's
Excellent access to Hwy 49
Great 1031 opportunity
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
9,500 SF
Building Class
C
Year Built
2002
Price
$2,750,000
Price Per SF
$289.47
Cap Rate
6.75%
NOI
$185,625
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.18
Lot Size
1.21 AC
Zoning
C-2 - General Commercial
Parking
45 Spaces (4.74 Spaces per 1,000 SF Leased)
Frontage
168’ on 171st St
AMENITIES
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2352006 | Improvements Assessment | $209,390 |
| Land Assessment | $92,690 | Total Assessment | $302,080 |
PROPERTY TAXES
Parcel Number
2352006
Land Assessment
$92,690
Improvements Assessment
$209,390
Total Assessment
$302,080
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8312-8320 E 171st St
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