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Multi-Tenant Retail Space
For Sale
Contact for pricing
Pending

4844-4848 State Avenue, Kansas City, KS 66102

Fully leased retail asset occupied by multiple tenants.

Property Size11,265 SF
Days on Market143

Property Features for 4844-4848 State Avenue

General Information

Standard status Pending
Size 11,265 SF
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 8.5%

Building Details

Tenancy Multi
Listing Agency: Pener KC
Listed By: Piers Pener · License #MO 00237241
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:16PM

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 Pener KC

Investment Insights

Based on property information with market context.

Located at 4844-4848 State Avenue in Kansas City, Kansas, this 11,265-square-foot retail property is configured for multiple tenants and is fully leased. The offering reflects an 8.50% CAP rate and is presented as a for-sale retail asset.

Key Highlights

  • 11,265 SF retail property
  • Fully leased multi‑tenant configuration
  • 8.50% CAP rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Groceries 44% Dining 5% Apparel 4%
Aldi Groceries
19,293 visits/mo 0.1 miles
Dollar Tree Shops & Services
9,045 visits/mo 0.2 miles
Phillips 66 Shops & Services
5,531 visits/mo 0.1 miles
Cenex Shops & Services
3,497 visits/mo 0.0 miles
U-Haul Shops & Services
2,346 visits/mo 0.5 miles

Demographics for 66102, KS

30,730
Population
11,481
Households
2.7
Avg Household Size
31
Median Age
12%
College-Educated
71%
High-School Grad
11.5 sq mi
ZIP Area
2,672
Density / Sq Mi
$52,218
Median Household Income
$31,913
Median Earnings
$1,020
Median Rent
$105,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail asset occupied by multiple tenants.
Where is this retail space located?
The property is located at 4844-4848 State Avenue Kansas City, KS.
What are key features of this property?
This property features: 11,265 SF retail property; Fully leased multi‑tenant configuration; 8.50% CAP rate
More about this property
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