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5900-5930 Wilson Rd

32,000 SF 100% Leased Retail Building Kansas City, MO 64123 $3,900,000 ($121.88/SF) 8.11% Cap Rate

INVESTMENT HIGHLIGHTS

  • Strategically positioned along Independence Avenue.
  • Strong visibility and accessibility.
  • South of the Historic Indian Mound Neighborhood.

EXECUTIVE SUMMARY

This 29,440 sq ft local shopping center offers an excellent tenant mix that ensures consistent foot traffic and visibility. National brands such as Family Dollar, Rent-A-Center, Cricket Wireless, and Pizza Hut anchor the center, drawing customers from the Northeast neighborhoods of Kansas City.
Complementing these well-known names are four smaller, locally-owned businesses that add a community-focused character to the center. Conveniently located directly to the west of the North-East Branch of the Kansas City Public Library and adjacent to the highly frequented Price Chopper grocery store, this shopping center benefits from significant traffic.
Strategically positioned along Independence Avenue, just south of the Historic Indian Mound Neighborhood, the center boasts strong visibility and accessibility. With virtually no competition in any direction, it stands as a key retail destination that supports a thriving residential and commercial area.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
32,000 SF
Building Class
B
Year Built
1986
Price
$3,900,000
Price Per SF
$121.88
Cap Rate
8.11%
NOI
$316,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.22
Lot Size
3.36 AC
Zoning
M1-5 / ICO - Retail / Independence Corridor Overlay
Parking
142 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
400’ on Wilson Ave

NEARBY MAJOR RETAILERS

Rent-A-Center
Cosentino's Price Chopper
UMB Bank
Order Express, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-730-16-02-01-0-00-000
Land Assessment
$162,912
Improvements Assessment
$467,072
Total Assessment
$629,984
  • Listing ID: 33013432

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 5900-5930 Wilson Rd, Kansas City, MO 64123

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