2939 Cherry St 4,191 SF Specialty Building Offered at $865,619 CAD at a 6.77% Cap Rate in Kansas City, MO 64108

Investment Offering | Stabilized Asset with Strategic Upside Positioned in the established and evolving Longfellow neighborhood, this 1986-built asset presents a rare opportunity to acquire a stabilized, income-producing property with both operational efficiency and future optionality. The property is currently leased to an established tenant through May 2027, providing immediate, predictable cash flow. Based on current financials, the asset is operating at an approximate 6.77% capitalization rate, supported by a strong income stream and controlled expenses. Full lease documentation and T-12 financials are available for qualified buyers. A notable enhancement to the asset is the presence of owned solar panels, reducing utility exposure and contributing to long-term expense stability—an increasingly valuable feature for both investors and future occupants. This offering presents a dual-path opportunity: Passive Investor Play: Secure in-place income with a performing tenant and solid yield in a central Kansas City location Strategic Owner-User Play: Plan for future occupancy upon lease expiration, while benefiting from income in the interim The current tenant also holds a First Right of Refusal, creating a defined and transparent framework for any future sale considerations. Investment Summary Cap Rate: ~6.77% Lease Term: Through May 2027 Asset Type: Stabilized, income-producing Year Built: 1986 Additional Features: Owned solar infrastructure Buyer and Buyer's Agent to verify any and all information as it pertains to the property. Seller is Licensed in Kansas and Missouri
Private Remarks - Showing Agt Info:
Due to the nature of the tenant’s business, this is a controlled access property: Strictly no unscheduled visits or on-site inquiries Proof of Funds and/or Listing Agent authorization required prior to scheduling Listing Agent must be present for all showings