651 E Red Bridge Rd - Retail FOR SALE


Kansas City, MO 64131- Red Bridge South
$2,187,500 USD
816-268-9112
651 E Red Bridge Rd, Kansas City, MO for Sale
$2,187,500 USD
Retail - FOR SALE
1/15
null | 4.8% Cap Rate

651 E Red Bridge Rd
Kansas City, MO 64131
Red Bridge South


HIGHLIGHTS

  • Long-term corporate ground lease to JPMorgan Chase Bank, N.A.
  • 0.68-acre pad site at an established South Kansas City neighborhood shopping center, originally built in 1959
  • 3,293 SF newly constructed building featuring natural stone finishes
  • Scheduled 10% base rent increases every 5 years
  • Situated within a historic grocery-anchored shopping center also featuring hardware, restaurant, fitness, and regional children’s museum anchors

OVERVIEW

15-Year Term with 5 renewal Options

FOR SALE DETAILS

PRICE

$2,187,500 USD

PRICE/SF

$664 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank Ground Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.18 AC

LAND SF

661,025 SF

ZONING

-

APN/PARCEL ID

65-240-02-43-00-0-00-000

ASK ABOUT THIS PROPERTY

Brandon BuckleyLANE4 Property GroupMore Info
816-268-9112

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Brandon BuckleyLANE4 Property GroupMore Info
816-268-9112

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