5675 E Bannister Rd - Freestanding FOR SALE


Kansas City, MO 64137- Fairlane
$2,837,000 USD
650-678-7200
5675 E Bannister Rd, Kansas City, MO for Sale
$2,837,000 USD
Freestanding - FOR SALE
1/4
null | 6.35% Cap Rate

5675 E Bannister Rd
Kansas City, MO 64137
Fairlane


HIGHLIGHTS

  • 10-year corporate net lease featuring 10% rental increases every 5 years
  • Lease signed by tenant’s corporate entity – Heartland Dental, LLC
  • 2023 build-to-suit construction with 20-year roof warranty in place
  • Signalized hard corner intersection – 18,000 combined VPD
  • Across the street from new construction Chipotle & Starbucks pads
  • Dense residential demographics – 147,000 residents within a 5-mile radius of the subject property

OVERVIEW

A corporate Heartland Dental with a 10-year base term lease featuring 10% rental increases every 5 years and 3, 5-year options to extend at matching increases. The subject property is an outparcel to a heavily trafficked Price Chopper location – ranked in the top 16% of grocery stores nationwide in terms of annual visitors (per Placer.ai) – and is down the street from a heavily trafficked Home Depot location – ranked in the top 5% of home improvement stores nationwide (per Placer.ai).

FOR SALE DETAILS

PRICE

$2,837,000 USD

PRICE/SF

$675 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.22 AC

LAND SF

53,143 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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