5900 Wilson Dr, Kansas City, MO
29,440 SF shopping center with national and local tenants.
- Added:
- Jan 24, 2025
- Days on Market:
- 502
- Last Refresh:
- May 19 at 8:42 pm
Property Features for 5900 Wilson Dr
General Information
- Standard status
- Active
- Size
- 29,440 SF
- Lot size
- 3.36 Acres
- Property subtype
- RETAIL
Listing agent John Sweeney License #SP00233396 (913) 652-4300
Listing office Reece Commercial Real Estate | Leawood (913) 652-4300
Listing date Jan 24, 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 Reece Commercial Real Estate | Leawood
HighLights
- High foot traffic and visibility thanks to a strong tenant mix including national brands.
- Strategic location on Independence Avenue with virtually no competition.
- Adjacent to the highly frequented Price Chopper grocery store and near the Kansas City Public Library.
- Located in a thriving residential and commercial area.
- Includes four smaller, locally‑owned businesses, adding a community‑focused character.
- Total area of 29,440 sq ft providing a substantial retail space.
Overview
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 | $413.3k | $14.04 |
| − Vacancy | −$17.8k | −$0.60 |
| EGI | $395.6k | $13.44 |
| − OpEx | −$118.7k | −$4.03 |
| NOI | $276.9k | $9.41 |
Alternative Uses
Current Use by Public Records
Map
- City
- Kansas City
- County
- Platte
- State
- Missouri
- Longitude
- -94.5728
- Latitude
- 39.1585