1260-1280 Merriam Ln - Retail FOR SALE


Kansas City, KS 66103- Shawnee Heights
$2,450,000 USD
816-541-2380
1260-1280 Merriam Ln, Kansas City, KS for Sale
$2,450,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

1260-1280 Merriam Ln
Kansas City, KS 66103
Shawnee Heights


HIGHLIGHTS

  • Investor or Owner-User opportunity
  • 74% occupied with 7,368+/- SF end cap space available
  • NNN leases in place
  • Pad site on the corner of Merriam Lane and Roe Lane available for future development
  • Over $260,000 in recent capital improvements

OVERVIEW

Positioned on approximately 4.02 acres with exceptional visibility and convenient access to 69 Highway and I-35, this 28,088+/- SF retail center presents an attractive opportunity for investors and owner-users alike. The property is currently 74% occupied and includes 7,368+/- SF of available end-cap space, offering immediate leasing and income-growth potential. With a 4/1,000 SF parking ratio and a strategically located pad site at the corner of Merriam Lane and Roe Lane available for future development, the property provides both strong functionality and significant upside. More than $260,000 in recent capital improvements—including a new roof and facade, retaining wall, parking lot repairs and new lighting, and a new garage door—further enhance the property’s value and reduce near-term capital expenditure needs. Offered at $2,450,000, this well-located retail asset combines current income, recent improvements, and future development potential in a highly accessible commercial corridor.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

112

LAND DETAILS

LAND ACRES

4.02 AC

LAND SF

175,111 SF

ZONING

KC1

APN/PARCEL ID

908304

ASK ABOUT THIS PROPERTY

Joanna CudaOPES Commercial Real EstateMore Info
816-541-2380

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Joanna CudaOPES Commercial Real EstateMore Info
816-541-2380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.