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Dancing Crab Cajun Seafood & Bar 1713 Village West Pky 4,634 SF Retail Building Kansas City, KS 66111 $2,348,176 CAD ($506.73 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Fee Simple Ownership | The property is offered as fee simple ownership, providing the buyer full control of the land and building
- Established Restaurant Location | The building has operated as a restaurant for nearly two decades, with existing infrastructure
- Tenant in Place | Dancing Crab Cajun Seafood & Bar currently occupies the building under a Modified Triple Net (MTNN) lease
Executive Summary
Surmount is pleased to present the exclusive listing for a Dancing Crab Cajun Seafood & Bar located at 1713 Village West Parkway, Kansas City, KS 66111. The site consists of roughly 4,634 rentable square feet of building space on an estimated 0.52-acre parcel of land. This Dancing Crab Cajun Seafood & Bar is subject to a 5-year Double Net (NN) lease, which commenced 3/30/2022. The current annual rent is $100,233 and has scheduled increases of 3.00% increases in 2027 and 2030.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,634 SF
Building Class
B
Year Built
2004
Price
$2,348,176 CAD
Price Per SF
$506.73 CAD
Cap Rate
6.25%
NOI
$146,761 CAD
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.20
Lot Size
0.52 AC
Frontage
502’ on Village West Pky
Amenities
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 266609 | Improvements Assessment | $319,998 CAD |
| Land Assessment | $126,198 CAD | Total Assessment | $446,196 CAD |
Property Taxes
Parcel Number
266609
Land Assessment
$126,198 CAD
Improvements Assessment
$319,998 CAD
Total Assessment
$446,196 CAD
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Dancing Crab Cajun Seafood & Bar | 1713 Village West Pky
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