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1260-1280 Merriam Ln 28,088 SF 73% Leased Retail Building Kansas City, KS 66103 $3,392,172 CAD ($120.77 CAD/SF)



Investment Highlights
- Investor or Owner-User opportunity
- NNN leases in place
- Over $260,000 in recent capital improvements
- 74% occupied with 7,368+/- SF end cap space available
- Pad site on the corner of Merriam Lane and Roe Lane available for future development
Executive Summary
Positioned on approximately 4.02 acres with exceptional visibility and convenient access to 69 Highway and I-35, this 28,088+/- SF retail center presents an attractive opportunity for investors and owner-users alike. The property is currently 74% occupied and includes 7,368+/- SF of available end-cap space, offering immediate leasing and income-growth potential. With a 4/1,000 SF parking ratio and a strategically located pad site at the corner of Merriam Lane and Roe Lane available for future development, the property provides both strong functionality and significant upside. More than $260,000 in recent capital improvements—including a new roof and facade, retaining wall, parking lot repairs and new lighting, and a new garage door—further enhance the property’s value and reduce near-term capital expenditure needs. Offered at $2,450,000, this well-located retail asset combines current income, recent improvements, and future development potential in a highly accessible commercial corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
28,088 SF
Building Class
C
Year Built
1966
Price
$3,392,172 CAD
Price Per SF
$120.77 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
4.02 AC
Zoning
KC1
Parking
112 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
562’ on Merriam
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Beehive Game Room
- Arts, Entertainment, and Recreation
- -
- -
- -
- Caporales Mexican Food
- Accommodation and Food Services
- -
- -
- -
At Full Throttle Fitness, they offer a variety of personal training and group fitness classes to meet the needs of all fitness levels. Their trainers are highly qualified and experienced, and they are committed to helping clients reach their goals. They also have a state-of-the-art gym facility with everything clients need to get in shape.
- Young's Laundry
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Beehive Game Room | Arts, Entertainment, and Recreation | - | - | - | ||
| Caporales Mexican Food | Accommodation and Food Services | - | - | - | ||
|
Arts, Entertainment, and Recreation | - | - | - | ||
| Young's Laundry | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1274 | 7,368 SF | Retail | End Cap | Now |
1274
| Size |
| 7,368 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1274
| Size | 7,368 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 908304 | Improvements Assessment | $268,362 CAD |
| Land Assessment | $83,655 CAD | Total Assessment | $352,017 CAD |
Property Taxes
Parcel Number
908304
Land Assessment
$83,655 CAD
Improvements Assessment
$268,362 CAD
Total Assessment
$352,017 CAD
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
1260-1280 Merriam Ln
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