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Ground-Level Retail and Office Suite
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1101 Walnut Street Suite 102, Kansas City, MO 19107

Ground-level suite with dual-street signage opportunities, supported by building amenities including conference space and fitness.

Property Size700 SF
Price / SF$421.43
Days on Market148

Property Features for 1101 Walnut Street Suite 102

General Information

Standard status Active
Size 700 SF
Property subtype Retail, Office
Zoning C1

Building Details

Year Built 1974
Year Renovated 2007
Buildings 1
Stories 20
Listing Agency: Newmark
Listed By: John Hoefer · License #2015009603
Source: Crexi
Added: May 29 Changed: Oct 15 Last Checked: Oct 20 at 6:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark

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Investment Insights

Based on property information with market context.

This approximately 700-square-foot ground-level suite offers convenient street access and a layout well-suited for either office or retail use. The space is positioned to support branding through signage opportunities on both 11th Street and Walnut Street, helping establish clear storefront identification.

The suite is located at 1101 Walnut Street, Suite 102, in downtown Kansas City, with direct entry from street level. The building setting includes several tenant amenities designed for an active work and visitor experience, including a conference room, fitness center, rooftop pool, event space, and a movie theater.

For tenants or owner-operators seeking a flexible space with prominent street-level presence, the dual-signage capability and ground-level entry are practical advantages. The building’s conference and event options can support meetings, presentations, and hosted activity, while the fitness and rooftop amenities may be helpful for attracting and retaining customers or staff.

Key Highlights

  • Approximately 1,700 SF ground‑level suite with convenient entry on 11th Street in downtown
  • Dual‑street signage opportunities on 11th Street and Walnut Street for brand visibility
  • Design suited for office or retail use, offering flexible space for business needs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,890
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,800 $197.8K
Cap Rate 7%
$141,286 $141.3K
Cap Rate 9%
$109,889 $109.9K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$15.8K $22.56/SF
− Vacancy
−$2.6K −$3.72/SF
EGI
$13.2K $18.84/SF
− OpEx
−$3.3K −$4.71/SF
NOI
$9.9K $14.13/SF
Area
Kansas City, MO
Vacancy
16.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,800
Cap Rate 7%
$141,286
Cap Rate 9%
$109,889

Alternative Uses

Best Use
Office B
$141.3K
$123.6K – $164.8K (±1% cap)
NOI $9,890 @ 7.0% cap · market cap 3.35%
Second Best
Retail
$94.1K
$82.3K – $109.7K (±1% cap)
NOI $6,584 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$166.7K
$145.9K – $194.5K (±1% cap)
NOI $11,671 @ 7.0% cap · market cap 3.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

BMO Harris Bank ... Loan Service McKay Management Property Management Company Prairie Advisors Group Consultant Private Capital LLC Financial Advisor Wallstreet Tower Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Nursing Home Adult Day Care Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,097
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Kansas City, MO

13.7% 2019
15.9% 2020
18.4% 2021
20.8% 2022
22% 2023
21.4% 2024
19.7% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Ground-level suite with dual-street signage opportunities, supported by building amenities including conference space and fitness.
Where is this office unit located?
The property is located at 1101 Walnut Street Suite 102 Kansas City, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Approximately 1,700 SF ground‑level suite with convenient entry on 11th Street in downtown; Dual‑street signage opportunities on 11th Street and Walnut Street for brand visibility; Design suited for office or retail use, offering flexible space for business needs
(816) 268-4248 Call to check price and availability
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