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8551 NW Prairie View Dr
Kansas City, MO 64153
MICHAEL'S - KANSAS CITY, MO · Retail Property For Sale
Investment Highlights
- Tenant Recently Executed Their 1st Renewal Option! 4 Years Remaining on NN Lease with Rental Escalations Every 5 Years in Renewal Options!
- Assumable Financing at 4.375% Fixed Until 2029! Seller to Replace Roof at the End of Spring 2023
- Positioned on a Large ±1.89-Acre Lot with Great Visibility & Access Along NW Prairie View Rd (12,495 CPD)
- Corporate Guaranteed Lease by Michaels Stores, Inc. Operating 1,275 Stores in 49 States & Canada!
- Pad Site to the Zona Rosa Town Center - An Open-Air, Mixed-Use Shopping Destination in the Heart of the Northland Submarket of Kansas City
- AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 99,845 | Average Household Income (3-MI): $96,187
Property Facts
Property Type
Retail
Property Subtype
Building Size
22,810 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.89 AC
Zoning
Commercial - Commercial
Parking
100 Spaces (4.38 Spaces per 1,000 SF Leased)
Frontage
214’ on Prairie View Rd
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Monument Signage
Property Taxes
| Parcel Number | 20-10-12-100-004-005-000 | Improvements Assessment | $288,000 |
| Land Assessment | $320,000 | Total Assessment | $608,000 |
Property Taxes
Parcel Number
20-10-12-100-004-005-000
Land Assessment
$320,000
Improvements Assessment
$288,000
Total Assessment
$608,000
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