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8765 N Ambassador Dr
Kansas City, MO 64154
Spira Care Tiffany Springs · Retail Property For Sale
Investment Highlights
- Strong Corporate Lease | Fully guaranteed by Blue Cross & Blue Shield of Kansas City (Blue KC) | $3.14 Billion in estimated Revenue
- Spira Care – Primary Care Center is close proximity to St. Luke’s North Hospital (160 beds)
- Strong growth market | Kansas City is the most populous city in the state of Missouri | 6 miles from Kansas City International Airport
- Minimal Landlord Responsibilities | Class “A” construction | 15-year roof warranty in place | 10% rent increases every 5 years
- Strategic location | Strong traffic and retail corridor located at the center of one of the main retail hubs in northwest Kansas City
Executive Summary
Lee & Associates and Bang Realty are pleased to present the exclusive opportunity to acquire the fee simple interest in a newly constructed Spira Care medical office property located at 8765 N Ambassador Drive in Kansas City, Missouri. The 11,950 square foot, single-tenant facility was built in 2019 and is situated on approximately 2.3 acres within the highly trafficked Tiffany Springs retail corridor. The asset is secured by a corporate lease guaranteed by Blue Cross and Blue Shield of Kansas City.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,950 SF
Building Class
C
Year Built
2019
Price
$8,105,975 CAD
Price Per SF
$678.32 CAD
Cap Rate
5.25%
NOI
$425,564 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.30 AC
Zoning
CH
Parking
81 Spaces (6.78 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 19-30-06-400-026-002-001 | Improvements Assessment | $923,226 CAD |
| Land Assessment | $308,521 CAD | Total Assessment | $1,231,747 CAD |
Property Taxes
Parcel Number
19-30-06-400-026-002-001
Land Assessment
$308,521 CAD
Improvements Assessment
$923,226 CAD
Total Assessment
$1,231,747 CAD
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