101 Armour Rd
North Kansas City, MO 64116
Commerce de détail Propriété À vendre

101 Armour Road is a 21,285 square foot mixed-use building in North Kansas City, Missouri. The property is situated along the south side of Armour Road between Burlington Street and Swift Avenue in the heart of North Kansas City. The property presents a unique opportunity to acquire a trophy asset in one of the fastest growing submarkets in Kansas City.
Stabilized Investment
The property is fully occupied by three tenants: Hawaiian Bros, RailCrew Xpress and Premier Integrative Health. The tenant mix of a popular restaurant user and two office users offers diversification in the rent roll. Each of the tenants have occupied their space for five or more years.
Premier Location
The property is located in the center of one of Kansas City’s most sought after submarkets for redevelopment. Several new multifamily projects have been completed or are under construction within North Kansas City, including the Oxbow Apartments located adjacent to the property and was completed in 2023. 861 apartment units have been built within a one-mile radius of the property within the last three years and an additional 339 units are currently under construction.
Restaurant Anchor
The property is anchored by Hawaiian Bros, a widely popular and rapidly growing restaurant concept that originated in Kansas City in 2018. Hawaiian Bros has expanded into 14 states with more than 70 locations. The restaurant space is beautifully designed and furnished and offers tremendous curb appeal for the building.
Strong Demand
The property is located in the City of North Kansas City, which historically has drawn a high demand for industrial and office space. North Kansas City is not subject to the Kansas City earnings tax, providing an incentive for employers to locate in North Kansas City while still being adjacent to Downtown Kansas City with easy access to the suburbs.