9300 NE Barry Rd - Freestanding FOR SALE


Kansas City, MO 64157
$3,095,000 USD
650-678-7200
9300 NE Barry Rd, Kansas City, MO for Sale
$3,095,000 USD
Freestanding - FOR SALE
1/4
null | 6.85% Cap Rate

9300 NE Barry Rd
Kansas City, MO 64157


HIGHLIGHTS

  • Over 10 years remaining on corporate net lease featuring 10% rental increases every 5 years
  • Pad to Target & Home Depot-anchored shopping center – Wilshire Plaza (see below)
  • 2019 / 2020 building renovation which included new roof installation – 20+ year estimated useful life
  • Helzberg Diamonds is one of the largest jewelry retailers in the U.S. with over 170 stores nationwide and is headquartered in Kansas City
  • Helzberg’s parent company is Berkshire Hathaway, which has owned the national jewelry giant for over 25 years
  • Wilshire Plaza is a 515,000+ SF center anchored by Target, Home Depot, Kohl’s, and PetSmart - boasting 3.4M annual visitors per Placer.ai

OVERVIEW

Newly renovated single-tenant pad to a heavily trafficked Target & Home Depot anchored shopping center – top 1% most visited in Missouri per Placer.ai.

FOR SALE DETAILS

PRICE

$3,095,000 USD

PRICE/SF

$964 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Helzberg Diamonds

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

B3-2

APN/PARCEL ID

14-303-00-04-018.01

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.