Remodeled Medical Center with
For Sale
$1,700,000
8351-8357 NW Barrybrooke Drive, Kansas City, MO 54151
Remodeled healthcare facility with additional storefront space available for separate commercial occupancy.
Property Size5,500 SF
Days on Market37
Property Features for 8351-8357 NW Barrybrooke Drive
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Business Opportunity
Taxes and HOA fees
Annual Taxes
$28,045
Amenities
Parking Lot, Paved
Building Details
Building Size
5,500 SF
Year Built
2006
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Worth Clark Realty
(816) 916-7272
Listed By:
Scott Vulgamott
(816) 916-7272
Source:
Evrealestate
Added: Jul 26
Changed: Aug 30
Last Checked: Aug 30 at 1:22PM
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 Worth Clark Realty
Investment Insights
Based on property information with market context.
Built in 2006, this medical center received a complete interior renovation in 2017–2018 for veterinary-clinic use. The HVAC system was replaced as part of that project, and a new roof was installed in late fall of 2025. A separate storefront at one end provides approximately 800–1,000 square feet that can be leased independently. The property is subject to a lease with three five-year options; the first option was signed in May, with annual rent increases based on a 1.02 multiplier. The offering is located at 8351-8357 NW Barrybrooke Dr in Kansas City, MO.
Key Highlights
- 2017–2018 complete interior renovation for veterinary‑clinic use
- HVAC system replaced during the 2017–2018 renovation
- New roof installed in late fall of 2025
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,864
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,280
$1.5M
Cap Rate 7%
$1,040,914
$1.0M
Cap Rate 9%
$809,600
$809.6K
Market Conditions
NOI Build-Up for 5,500 SF
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.
Gross rent
$132.0K $24.00/SF
− Vacancy
−$10.6K −$1.92/SF
EGI
$121.4K $22.08/SF
− OpEx
−$48.6K −$8.83/SF
NOI
$72.9K $13.25/SF
Area
Kansas City, MO
Vacancy
8.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,457,280
Cap Rate 7%
$1,040,914
Cap Rate 9%
$809,600
Alternative Uses
Best Use
Healthcare Medical
$1.04M
$910.8K – $1.21M
NOI $72,864 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,703 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Remodeled healthcare facility with additional storefront space available for separate commercial occupancy.
Where is this medical center located?
The property is located at 8351-8357 NW Barrybrooke Drive Kansas City, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 2017–2018 complete interior renovation for veterinary‑clinic use; HVAC system replaced during the 2017–2018 renovation; New roof installed in late fall of 2025
