Retail Center in South
908 E North Ave Belton, MO
For Sale
Contact for pricing
26,427 SF shopping center in high-traffic retail area.
Property Size26,485 SF
Lot Size3.50 Acres
Price / SF$264.30
Days on Market581
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) 412-7308
Listed By:
Anthony "Tony" J. DeTommaso · License #SP00228166
Source:
Moodyscre
Added: Dec 26, 2024
Changed: Jul 10
Last Checked: Jul 21 at 6:58AM
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.
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $381.4k | $14.40 |
| − Vacancy | −$13.0k | −$0.49 |
| EGI | $368.4k | $13.91 |
| − OpEx | −$110.5k | −$4.17 |
| NOI | $257.9k | $9.74 |
26,485 SF · lease $14.40/SF/yr · vacancy 3.40% · expense 30.00%
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
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.
