Log In/Sign Up
Your email has been sent.
7714-7720 Troost Ave 9,200 SF 100% Leased Retail Building Kansas City, MO 64131 $823,813 CAD ($89.54 CAD/SF) 9.67% Cap Rate
Executive Summary
Do not disturb tenants
9.67% Proforma Cap Rate - largest tenant is MO-MO and paying below market, however, they are willing to sign longer term lease at market rate to achieve this cap rate for an investor. The space may also be available for an owner-user, if desired.
9,200 (±) sf building
100% occupied by 4 tenants
Additional income in place from billboard on site
4,600 cars-per-day along Troost Avenue
2 of the 3 roofs were recently replaced with warranties available
Sale price $595,000
9.67% Proforma Cap Rate - largest tenant is MO-MO and paying below market, however, they are willing to sign longer term lease at market rate to achieve this cap rate for an investor. The space may also be available for an owner-user, if desired.
9,200 (±) sf building
100% occupied by 4 tenants
Additional income in place from billboard on site
4,600 cars-per-day along Troost Avenue
2 of the 3 roofs were recently replaced with warranties available
Sale price $595,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,200 SF
Building Class
B
Year Built
1950
Price
$823,813 CAD
Price Per SF
$89.54 CAD
Cap Rate
9.67%
NOI
$79,663 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.52 AC
Zoning
Commercial - Commercial Zoning
Parking
29 Spaces (3.15 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 47-810-11-20-01-0-00-000 | Improvements Assessment | $110,765 CAD |
| Land Assessment | $19,824 CAD | Total Assessment | $130,589 CAD |
Property Taxes
Parcel Number
47-810-11-20-01-0-00-000
Land Assessment
$19,824 CAD
Improvements Assessment
$110,765 CAD
Total Assessment
$130,589 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
7714-7720 Troost Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.