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1303 Platte Falls Rd 7,000 SF 100% Leased Retail Building Platte City, MO 64079 $1,897,472 CAD ($271.07 CAD/SF) 5.49% Cap Rate


INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
EXECUTIVE SUMMARY
Please call owner (see below contact info) for any questions regarding the property.
An exceptional opportunity awaits in this standalone commercial building, perfectly situated on a highly visible, high-traffic avenue. The property borders US 92 on the north side of the property. Store fronts face Price Chopper on the south facing side of the property.
Located at the gateway to a vibrant and growing neighborhood, this property is surrounded by established businesses, generating excellent cross-promotional potential. The area's strong demographics and steady growth make it an ideal investment.
This fully occupied building has 5 tenants all with 5 year leases. Total Square Footage: 7,000 SF (5 tenant spaces with 1400 sq ft of space each)
Why Platte City?
• Platte City boasts consistent year over year population growth.
• Phase 2 of a comprehensive rebuilding project for Platte County High School is underway, which will add specialized classrooms, administrative areas, and a new performing arts wing.
• Located on Highway 92 and Interstate 29, a logistics and distribution park features multiple Class A industrial buildings, with a total of 2.36 million square feet planned for leasing.
• New housing builds at Running Horse Road and Rt D, and on Rt N across from Seven Bridges.
Contact Information
For more information or to schedule a showing, please contact:
An exceptional opportunity awaits in this standalone commercial building, perfectly situated on a highly visible, high-traffic avenue. The property borders US 92 on the north side of the property. Store fronts face Price Chopper on the south facing side of the property.
Located at the gateway to a vibrant and growing neighborhood, this property is surrounded by established businesses, generating excellent cross-promotional potential. The area's strong demographics and steady growth make it an ideal investment.
This fully occupied building has 5 tenants all with 5 year leases. Total Square Footage: 7,000 SF (5 tenant spaces with 1400 sq ft of space each)
Why Platte City?
• Platte City boasts consistent year over year population growth.
• Phase 2 of a comprehensive rebuilding project for Platte County High School is underway, which will add specialized classrooms, administrative areas, and a new performing arts wing.
• Located on Highway 92 and Interstate 29, a logistics and distribution park features multiple Class A industrial buildings, with a total of 2.36 million square feet planned for leasing.
• New housing builds at Running Horse Road and Rt D, and on Rt N across from Seven Bridges.
Contact Information
For more information or to schedule a showing, please contact:
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
B
Year Built
2003
Price
$1,897,472 CAD
Price Per SF
$271.07 CAD
Cap Rate
5.49%
NOI
$104,256 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.78 AC
Frontage
142’ on Platte Falls Rd
AMENITIES
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 858-HAIR
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Biggs Nutrition
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- China Wok
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Nail Care LLC
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
- Paul Wrabec LLC
- Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 858-HAIR | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Biggs Nutrition | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| China Wok | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Nail Care LLC | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Paul Wrabec LLC | Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17-30-06-200-002-003-000 | Total Assessment | $278,236 CAD (2025) |
| Land Assessment | $106,482 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $171,755 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
17-30-06-200-002-003-000
Land Assessment
$106,482 CAD (2025)
Improvements Assessment
$171,755 CAD (2025)
Total Assessment
$278,236 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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Presented by
Liberte Investments LLC
1303 Platte Falls Rd
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