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    Midtown Retail Building and Center Title is generated by Realmo AI

    3601-3609 Broadway Blvd, Kansas City, MO

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    Storefront retail building and strip center in Midtown Kansas City.

    Type:RETAIL
    Property size:
    36,696 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $117/SF
    Added:
    Aug 26, 2025
    Days on Market:
    289
    Last Refresh:
    May 19 at 9:24 pm

    Property Features for 3601-3609 Broadway Blvd

    General Information

    Standard status
    Active
    Size
    36,696 SF
    Lot size
    0.58 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Audrey Navarro

    Listing agent Audrey Navarro

    Listing office Clemons Real Estate

    Listing date Aug 26, 2025

    Source Moodyscre

    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 Clemons Real Estate

    HighLights

    • Entire city block storefront retail building (29,857+\/- SF) in Midtown.
    • Fully occupied strip center (6,839+\/- SF).
    • Abundant on‑site parking.
    • 7,500 SF vacancy on 2nd floor for owner occupancy or redevelopment.
    • Great Midtown location.
    • Available to purchase together or separately.

    Overview

    The property includes a 29,857 square foot storefront retail building, encompassing an entire city block, and a 6,839 square foot fully occupied strip center. Located in Midtown, Kansas City, the properties offer on-site parking. The storefront retail building, situated at 3601-3623 Broadway Blvd, has a 7,500 square foot vacancy on the second floor, suitable for owner occupancy or redevelopment. The strip center is located at 3625-3631 Broadway Blvd. The properties are available for purchase together or separately.

    Local 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 $515.2k $14.04
    − Vacancy −$22.2k −$0.60
    EGI $493.1k $13.44
    − OpEx −$147.9k −$4.03
    NOI $345.1k $9.41
    36,696 SF · lease $14.04/SF/yr · vacancy 4.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.93M
    $4.31M – $5.75M (±1% cap)
    NOI $345,140 @ 7.0% cap · market cap 8.03%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $8.74M
    $7.65M – $10.20M (±1% cap)
    NOI $611,843 @ 7.0% cap · market cap 14.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.59
    Latitude
    39.0619

    FAQs

    What type of property is this?
    Strip mall - Storefront retail building and strip center in Midtown Kansas City.
    Where is this strip mall located?
    The property is located at 3601-3609 Broadway Blvd Kansas City, MO.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: Entire city block storefront retail building (29,857+\/- SF) in Midtown.; Fully occupied strip center (6,839+\/- SF).; Abundant on‑site parking.
    (816) 621-2130 Call to check price and availability
    More about this property
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