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9430 Blue Ridge Blvd
Kansas City, MO 64138
Retail Property For Sale

Investment Highlights

  • Investment-Grade Credit
  • Essential Pharmacy Asset
  • Dense Submarket
  • 9.5-Year Remaining Term w/ Early Lease Extension Made
  • Recent Capital Improvements
  • Hard Corner w/ Drive Thru Pharmacy

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,905 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.88 AC
Zoning
B2-2 - B2-2 Neighborhood Business
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
157’ on Blue Ridge Rd

About 9430 BLUE RIDGE BLVD , KANSAS CITY, MO 64138

Stan Johnson Company, on behalf of ownership, is pleased to offer for sale to qualified investors the 100% fee simple interest in this Walgreens property located at 9430 Blue Ridge Blvd, Kansas City, MO 64138 (the "property"). The lease has approximately 9.5 years remaining in the primary term, with a favorable 8, 5-year option structure for the tenant to extend thereafter. Walgreens is responsible for all operating expenses relating to the property including taxes, insurance and CAM. The property underwent capital improvements in 2018 which included the replacement of the parking lot, shielding an investor from significant CapEx liabilities in the near future.

Property Taxes

Property Taxes

Parcel Number
49-610-05-20-00-0-00-000
Land Assessment
$289,200
Improvements Assessment
$675,411
Total Assessment
$964,611
  • Listing ID: 19315698

  • Date on Market: 4/23/2020

  • Last Updated:

  • Address: 9430 Blue Ridge Blvd, Kansas City, MO 64138

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