Retail Center in South
For Sale
Contact for pricing
908 E North Ave, Belton, MO
26,427 SF shopping center in high-traffic retail area.
Property Size26,485 SF
Lot Size3.50 Acres
Price / SF$264.30
Days on Market672
Property Features for 908 E North Ave
General Information
Standard status
Active
Size
26,485 SF
Lot size
3.50 Acres
Property subtype
RETAIL
Listing Agency:
Block & Company, Inc.
(816) 753-6000
Listed By:
Anthony "Tony" J. DeTommaso
(816) 412-7308
Source:
Moodyscre
Added: Dec 26, 2024
Changed: Oct 25
Last Checked: Oct 28 at 12:17PM
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 Block & Company, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Class A shopping center offers 26,427 square feet of retail space. It is located in a high-traffic retail area in south Kansas City, Missouri, positioned in front of major retailers such as Target, Home Depot, and Kohl's. Current tenants include Rally House, Famous Footwear, Maurices, Jersey MikeÕs, GNC, Sports Clips, Vapor Maven, and Vintage Stock.
Key Highlights
- Class A 26,427 SF shopping center for sale.
- Located in the hottest retail area in south Kansas City, Missouri.
- Anchored by Target, Home Depot, and Kohl's.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$257,892
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,157,840
$5.2M
Cap Rate 7%
$3,684,171
$3.7M
Cap Rate 9%
$2,865,467
$2.9M
Market Conditions
NOI Build-Up for 26,485 SF
Gross rent
$381.4K $14.40/SF
− Vacancy
−$13.0K −$0.49/SF
EGI
$368.4K $13.91/SF
− OpEx
−$110.5K −$4.17/SF
NOI
$257.9K $9.74/SF
Area
Cass County, MO
Vacancy
3.40%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,157,840
Cap Rate 7%
$3,684,171
Cap Rate 9%
$2,865,467
Alternative Uses
Best Use
Retail
$3.68M
$3.22M – $4.30M
NOI $257,892 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.97M
$5.22M – $6.97M
NOI $417,997 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Phillips 66
Shops & Services
6,123 visits/mo
0.2 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - 26,427 SF shopping center in high-traffic retail area.
Where is this shopping center located?
The property is located at 908 E North Ave Belton, MO.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Class A 26,427 SF shopping center for sale.; Located in the hottest retail area in south Kansas City, Missouri.; Anchored by Target, Home Depot, and Kohl's.
