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Dollar General Anchored Shopping Center
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5006-5028 NE Parvin Rd, Kansas City, MO 64117

Fully leased shopping center anchored by Dollar General with an 8.3% capitalization rate.

Property Size40,200 SF
Price / SF$84.58
Days on Market104

Property Features for 5006-5028 NE Parvin Rd

General Information

Standard status Active
Size 40,200 SF
Property subtype RETAIL
Occupancy 100%

Additional Details

Cap Rate 8.3%
Anchor Co-Tenants Dollar General

Building Details

Tenancy Multi
Listing Agency: Clemons Real Estate
Listed By: Audrey Navarro · License #2003023010
Source: Moodyscre
Added: Apr 21 Changed: Jul 30 Last Checked: Aug 1 at 12:12PM

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

Investment Insights

Based on property information with market context.

This Dollar General anchored shopping center is fully leased. The center has been at this location for 25+ years, and it includes a tenant mix that features restaurants, retailers, and services. Buck and Up signed a 2-year extension with rent increases.

The property totals 40,200 SF. Demographic support includes 52,300 residents within 3 miles and 140,000 residents within 5 miles. The asset is reported with an 8.3% capitalization rate.

Key Highlights

  • 40,200 SF fully leased shopping center
  • Dollar General anchored center with 25+ years at this location
  • Buck and Up signed a 2‑year extension with rent increases

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

194
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
6,180 visits/mo 0.1 miles
BP Shops & Services
3,261 visits/mo 0.1 miles

Demographics for 64117, MO

15,155
Population
7,091
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
89%
High-School Grad
6.0 sq mi
ZIP Area
2,526
Density / Sq Mi
$59,219
Median Household Income
$41,738
Median Earnings
$1,034
Median Rent
$173,500
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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased shopping center anchored by Dollar General with an 8.3% capitalization rate.
Where is this shopping center located?
The property is located at 5006-5028 NE Parvin Rd Kansas City, MO.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 40,200 SF fully leased shopping center; Dollar General anchored center with 25+ years at this location; Buck and Up signed a 2‑year extension with rent increases
(816) 621-2130 Call to check price and availability
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