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B 4301 State Ave 43,360 SF Retail Building Kansas City, KS 66102 $4,032,798 CAD ($93.01 CAD/SF) 8% Cap Rate



Investment Highlights
- 8% CAP RATE
- Easy Access to HWYs I-635 & I-70
- Great Visibility On State Avenue
Executive Summary
This prime investment opportunity features a ±43,360 SF retail and distribution storefront offering strong visibility and performance with an attractive 8% cap rate. Strategically located with easy highway access to both I-635 and I-70, the property benefits from excellent regional connectivity and efficient distribution capabilities. With exposure to approximately 17,300 cars per day along State Avenue, the site provides consistent traffic counts and strong market presence, making it a compelling option for investors seeking stable returns in a high-demand corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
43,360 SF
Building Class
C
Year Built
1972
Price
$4,032,798 CAD
Price Per SF
$93.01 CAD
Cap Rate
8%
NOI
$322,624 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
2.69 AC
Zoning
CP-1 - Commercial
Parking
84 Spaces (1.94 Spaces per 1,000 SF Leased)
Frontage
362’ on State Avenue
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 292704 | Improvements Assessment | $565,429 CAD |
| Land Assessment | $48,419 CAD | Total Assessment | $613,848 CAD |
Property Taxes
Parcel Number
292704
Land Assessment
$48,419 CAD
Improvements Assessment
$565,429 CAD
Total Assessment
$613,848 CAD
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B | 4301 State Ave
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