Freestanding Retail Building For
For Sale
Contact for pricing
4501 Rainbow Blvd, Kansas City, KS
2,100 SF retail building near Woodside Health Club.
Property Size2,100 SF
Lot Size0.24 Acres
Price / SF$285.71
Days on Market613
Property Features for 4501 Rainbow Blvd
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.24 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Rosedale
Listing Agency:
Block & Company, Inc.
(816) 753-6000
Listed By:
David Block · License #BR00015006
(816) 412-7400
Source:
Moodyscre
Added: Feb 21, 2025
Changed: Oct 26
Last Checked: Oct 26 at 7:32PM
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 is a net lease investment opportunity featuring a 2,100-square-foot freestanding retail building situated on 0.24 acres. The property benefits from its location, being just 0.1 miles from Woodside Health Club and experiencing approximately 12,000 cars passing by daily on Rainbow Boulevard. The tenant is an experienced multi-state operator. The lease has three years remaining with options. The property is located at 4501 Rainbow Blvd, Kansas City, KS and benefits from strong demographics.
Key Highlights
- Net lease investment opportunity
- Tenant is an experienced multi‑state operator
- Lease has three years remaining with options for renewal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,300
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,000
$406.0K
Cap Rate 7%
$290,000
$290.0K
Cap Rate 9%
$225,556
$225.6K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$30.2K $14.40/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$29.0K $13.81/SF
− OpEx
−$8.7K −$4.14/SF
NOI
$20.3K $9.67/SF
Area
Kansas City, KS
Vacancy
4.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$406,000
Cap Rate 7%
$290,000
Cap Rate 9%
$225,556
Alternative Uses
Best Use
Retail
$290.0K
$253.8K – $338.3K
NOI $20,300 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.9K
$304.4K – $405.9K
NOI $24,354 @ 7.0% cap · market cap 4.06%
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
1,481
Businesses Nearby
62k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 88%
Shops & Services 7%
Apparel 3%
Beauty & Spa 2%
McDonald's
Dining
27,692 visits/mo
0.3 miles
Blue Sushi Sake Grill
Dining
9,252 visits/mo
0.2 miles
Wendy's
Dining
9,120 visits/mo
0.4 miles
Papa John's Pizza
Dining
3,068 visits/mo
0.5 miles
Commerce Bank
Shops & Services
2,964 visits/mo
0.3 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?
Retail space - 2,100 SF retail building near Woodside Health Club.
Where is this retail space located?
The property is located at 4501 Rainbow Blvd Kansas City, KS.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Net lease investment opportunity; Tenant is an experienced multi‑state operator; Lease has three years remaining with options for renewal
