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NNN Retail Property
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13521 Madison Avenue, Kansas City, MO 64145

Absolute NNN lease places taxes, insurance, maintenance, roof, structure, and parking lot obligations with the tenant.

Property SizeContact for details
Days on Market146

Property Features for 13521 Madison Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - Palo Alto
Listed By: Steve Sauter · License #CA 01084092
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 9:29PM

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 Marcus & Millichap - Palo Alto

Investment Insights

Based on property information with market context.

This retail property is subject to a 25-year lease guaranteed by TBC Corporation, with the term running from January 2007 through January 2032. The agreement is structured as absolute NNN, assigning taxes, insurance, maintenance, roof, structural, and parking lot obligations to the tenant. CPI-based rent increases are capped at 12%.

The property is located at 13521 Madison Avenue in Kansas City, Missouri, near the intersection of Missouri Highway 150 and 136th Street. It is approximately 20 miles south of downtown Kansas City and sits within a retail corridor near two power centers. Retailers identified across the surrounding area include Target, Petco, Pier 1 Imports, Cost Plus, Linens-N-Things, Dress Barn, Wal-Mart Supercenter, Lowe's, Barnes & Noble, and Michael's.

Key Highlights

  • 25‑year lease guaranteed by TBC Corporation
  • Lease term runs from January 2007 through January 2032
  • Absolute NNN structure with no landlord responsibilities

Property Analytics

Current Use

Big O Tires Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Parking Lot & Garage Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

511
Businesses Nearby
394k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 42% Shops & Services 26% Home Improvements & Furnishings 14% Dining 10%
Walmart Superstores
91,101 visits/mo 0.3 miles
Target Superstores
72,479 visits/mo 0.4 miles
QuikTrip Shops & Services
33,873 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
27,761 visits/mo 0.4 miles
Total Wine & More Groceries
27,123 visits/mo 0.2 miles

Demographics for 64145, MO

5,518
Population
2,134
Households
2.6
Avg Household Size
53
Median Age
57%
College-Educated
98%
High-School Grad
5.6 sq mi
ZIP Area
985
Density / Sq Mi
$95,439
Median Household Income
$51,290
Median Earnings
$1,735
Median Rent
$350,100
Median Home Value

Market

Vacancy Rate% for Retail in Kansas City, MO

7.7% 2019
8.4% 2020
7.3% 2021
6.6% 2022
6.6% 2023
5.5% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN lease places taxes, insurance, maintenance, roof, structure, and parking lot obligations with the tenant.
Where is this nnn property located?
The property is located at 13521 Madison Avenue Kansas City, MO.
What are key features of this property?
This property features: 25‑year lease guaranteed by TBC Corporation; Lease term runs from January 2007 through January 2032; Absolute NNN structure with no landlord responsibilities
More about this property
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