$1 Auction - REIT Sale | Fmr DaVita Dialysis 604 Kansas Ave 6,000 SF Office Building Clinton, MO 64735 $239,243 CAD ($39.87 CAD/SF)

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 604 Kansas Avenue in Clinton, Missouri (the “Property”). Formerly occupied by Davita Dialysis, the Property is being offered at a substantial discount to replacement cost, creating a compelling opportunity for owner-users and investors to acquire a well-located asset within Clinton’s primary commercial corridor. FIRST BID MEETS RESERVE!
Built in 2003, the Property consists of a ±6,000-square-foot, single-story free-standing medical office/retail building situated on ±27,983 square feet (±0.642 acres) with 15 surface parking spaces. The site offers one point of ingress/egress and features ±130 feet of frontage along Kansas Avenue and ±130 feet of visibility along Missouri State Route 13/52, which sees ±14,277 vehicles per day (VPD) across from a highly trafficked Walmart anchored retail center. The Property was previously leased to Davita Dialysis on a triple-net (NNN) basis and presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating office rents of $12–$14/SF NNN. Zoned C3, General Commercial, the Property accommodates a wide range of medical, office, retail, and service-oriented uses. The building’s existing layout and infrastructure provide flexibility for repositioning, lease-up, or adaptive reuse, allowing investors to capitalize on a below-replacement-cost basis.
The Property is located within the Kansas City Designated Market Area in Henry County and is positioned within Clinton’s primary commercial corridor. Situated just off the intersection of Kansas Avenue and E Ohio Street (±5,436 VPD), the site benefits from strong visibility and accessibility within the area’s dominant retail node. The Property is positioned behind Walmart and near a concentration of national and regional retailers, reinforcing the corridor as the primary shopping destination within the market. Clinton serves as the commercial hub for Henry County and a broader regional trade area, drawing demand from surrounding communities. The city’s location along Missouri Routes 13 and 52 provides connectivity to key regional markets, supporting both local and commuter-driven traffic. The Property is located less than ±1-Mi south of Downtown Clinton, offering convenient access to established residential neighborhoods, schools, and community amenities. The surrounding area is supported by a mix of national retailers, local businesses, schools, and light industrial uses, which collectively generate consistent daytime traffic and a stable consumer base. With over 10,650 residents and an average household income of ±$72,257 within a 5-mile radius, and approximately 21,000 residents countywide, the area provides steady demand for retail and service-oriented uses. The Property’s visibility, accessibility, and flexible zoning position it as a compelling value-add opportunity within a stable and underserved market.