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Prospect Plaza 6403-6479 N Prospect Ave 11,558 SF 100% Leased Retail Building Gladstone, MO 64119 $3,772,752 CAD ($326.42 CAD/SF) 7.75% Cap Rate



INVESTMENT HIGHLIGHTS
- 100% Occupied, NNN Retail Center with Desirable Service Oriented Tenants, Shadowed by Highly Rated North Kansas City School District
- Positioned on a Hard Corner Lot with Multiple Points of Ingress and Egress with High Combined Traffic Counts Totaling 30,000+ VPD
- Signalized Entrance Off of North Prospect Avenue (Primary Arterial Road) with Direct Access to Missouri Routes 1 and 152, and North Oak Trafficway
- Strong Demographics: Approx. 165k People Within 5 Mile Radius & Average Household Incomes of $102k
- 15 Miles from the State-of-the-Art, Kansas City International Airport (MCI), which Opened in February, 2023
- Recent Capital Improvements: Roof Completely Replaced in 2024 with Warranty Through 2044 and Close to $100k in Storefront Concrete Replacement
EXECUTIVE SUMMARY
-Shadow Anchors North Kansas City Schools Early Education Center Serves Nearly 1,000 Preschool Students and The Professional Development Center has Hundreds of District Educators Attending Weekly Trainings, Providing Immense Foot Traffic to the Subject Center
-Easy Access to Larger Kansas City Regional Consumer Base (Approx. 8 Miles, 2.2 Million Residents), as well as Being Located within the Heart of Gladstone, Surrounded by Many Rooftops & Apartment Complexes, Providing Stable Daytime Traffic
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
For more than 30 years they have been helping remove pain and discomfort from people’s lives. Their patients trust in their expertise, which is why would recommend them to a friend – because they were able to help make their lives better. – Athletico Physical Therapy, Better for Every Body They started with one therapist trying to make a difference in his community. Their Founder and Executive Chairman, Mark Kaufman was a physical therapist and athletic trainer with a vision to help as many people as possible. He started by providing rehabilitation services for student athletes at various organizations, with his first two being Francis W. Parker High School and Chicago Lions Rugby.
They have been helping people get the money they need. They understand that everyone needs a little help now and then. They take the time to listen to needs so that they can help you find the personal loan that is right. Their goal is to help each customer find a loan that not only provides the money they need but also fits their budget. They offer fixed-rate, fixed-term personal loans that their customers use to pay down higher-interest debts, pay medical and household bills, buy new appliances and furniture, pay for special occasions like trips and weddings, get extra cash, and build and strengthen their credit history.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Health Care and Social Assistance | 2,520 SF | - | Dec 2030 | ||
|
Finance and Insurance | 2,000 SF | - | Aug 2031 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-417-00-18-009-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $601,393 CAD |
PROPERTY TAXES
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Prospect Plaza | 6403-6479 N Prospect Ave
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