VA Transitional Housing
For Sale
Contact for pricing
Pending
5100 E 24th St, Kansas City, MO 64127
Single-tenant transitional housing building features 22 parking spaces and a 10-year firm lease term through 2028.
Property Size17,500 SF
Lot Size0.70 Acres
Days on Market111
Property Features for 5100 E 24th St
General Information
Standard status
Pending
Size
17,500 SF
Total Parking Spaces
22
Lot size
0.70 Acres
Property subtype
Office
Building Details
Year Built
1970
Year Renovated
2018
Tenancy
Single
Listing Agency:
Colliers - Dallas, Texas
(972) 759-7814
Listed By:
Geoff Ficke · License #TX 0593051
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 29 at 1:29PM
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 Colliers - Dallas, Texas
Investment Insights
Based on property information with market context.
The property is a single-tenant Veterans Affairs (VA) transitional housing facility totaling 17,500 rentable square feet. The building was developed in 1970 and remodeled in 2018 to the VA’s renovation standards for use as a Compensated Work Therapy / Transitional Residence for local Veterans. Tenant improvements were funded by GSA in the amount of $730,000, and the facility operates under a first-generation lease with an effective date of February 6, 2018 and a firm term expiring February 5, 2028. Operating cost rent includes 3% annual escalations.
The site is located at 5100 E 24th Street in Kansas City, Missouri and includes 22 parking spaces, including two handicapped-reserved spaces, plus a designated van drop-off/loading area. The facility is described as being 1.6 miles from the Kansas City VA Medical Center, supporting transportation for medical treatment.
This offering presents a mission-critical VA transitional housing asset configured for its specialized program use under the existing lease structure.
The site is located at 5100 E 24th Street in Kansas City, Missouri and includes 22 parking spaces, including two handicapped-reserved spaces, plus a designated van drop-off/loading area. The facility is described as being 1.6 miles from the Kansas City VA Medical Center, supporting transportation for medical treatment.
This offering presents a mission-critical VA transitional housing asset configured for its specialized program use under the existing lease structure.
Key Highlights
- Single‑tenant VA transitional housing with 17,500 rentable SF developed in 1970 and remodeled in 2018 to VA standards.
- 10‑year firm‑term lease executed effective Feb. 6, 2018 through Feb. 5, 2028.
- Lease includes 3% annual Operating Cost Rent escalations.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 64127, MO
17,191
Population
8,884
Households
1.9
Avg Household Size
34
Median Age
7%
College-Educated
72%
High-School Grad
4.2 sq mi
ZIP Area
4,093
Density / Sq Mi
$32,179
Median Household Income
$29,382
Median Earnings
$886
Median Rent
$59,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Rehabilitation center - Single-tenant transitional housing building features 22 parking spaces and a 10-year firm lease term through 2028.
Where is this rehabilitation center located?
The property is located at 5100 E 24th St Kansas City, MO.
What are key features of this property?
This property features: Single‑tenant VA transitional housing with 17,500 rentable SF developed in 1970 and remodeled in 2018 to VA standards.; 10‑year firm‑term lease executed effective Feb. 6, 2018 through Feb. 5, 2028.; Lease includes 3% annual Operating Cost Rent escalations.
