7714-7720 Troost Ave - Storefront FOR SALE


Kansas City, MO 64131- Waldo
$595,000 USD
816-591-4635
7714-7720 Troost Ave, Kansas City, MO for Sale
$595,000 USD
Storefront - FOR SALE
1/7
null | 9.67% Cap Rate

7714-7720 Troost Ave
Kansas City, MO 64131
Waldo


OVERVIEW

Do not disturb tenants 9.67% Proforma Cap Rate - largest tenant is MO-MO and paying below market, however, they are willing to sign longer term lease at market rate to achieve this cap rate for an investor. The space may also be available for an owner-user, if desired. 9,200 (±) sf building 100% occupied by 4 tenants Additional income in place from billboard on site 4,600 cars-per-day along Troost Avenue 2 of the 3 roofs were recently replaced with warranties available Sale price $595,000

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

9.67%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial

APN/PARCEL ID

47-810-11-20-01-0-00-000

ASK ABOUT THIS PROPERTY

John HoeferNewmark ZimmerMore Info
816-591-4635

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

John HoeferNewmark ZimmerMore Info
816-591-4635

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