8765 N Ambassador Dr - Freestanding FOR SALE


Kansas City, MO 64154- Tiffany Hills/Cove North
$5,922,000 USD
760-448-2449
8765 N Ambassador Dr, Kansas City, MO for Sale
$5,922,000 USD
Freestanding - FOR SALE
1/9
null | 5.25% Cap Rate

8765 N Ambassador Dr
Kansas City, MO 64154
Tiffany Hills/Cove North


HIGHLIGHTS

  • Strong Corporate Lease | Fully guaranteed by Blue Cross & Blue Shield of Kansas City (Blue KC) | $3.14 Billion in estimated Revenue
  • Minimal Landlord Responsibilities | Class “A” construction | 15-year roof warranty in place | 10% rent increases every 5 years
  • Spira Care – Primary Care Center is close proximity to St. Luke’s North Hospital (160 beds)
  • Strategic location | Strong traffic and retail corridor located at the center of one of the main retail hubs in northwest Kansas City
  • Strong growth market | Kansas City is the most populous city in the state of Missouri | 6 miles from Kansas City International Airport

OVERVIEW

Lee & Associates and Bang Realty are pleased to present the exclusive opportunity to acquire the fee simple interest in a newly constructed Spira Care medical office property located at 8765 N Ambassador Drive in Kansas City, Missouri. The 11,950 square foot, single-tenant facility was built in 2019 and is situated on approximately 2.3 acres within the highly trafficked Tiffany Springs retail corridor. The asset is secured by a corporate lease guaranteed by Blue Cross and Blue Shield of Kansas City.

FOR SALE DETAILS

PRICE

$5,922,000 USD

PRICE/SF

$560 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spira Care Tiffany Springs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

CH

APN/PARCEL ID

19-30-06-400-026-002-001

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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

Ryan BennettLee & AssociatesMore Info
760-448-2449

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