NNN Retail Center with Corner
For Sale
Contact for pricing
6403-6417 N Prospect Ave, Kansas City, MO 64119
100% occupied NNN retail center on a hard corner lot with multiple ingress/egress.
Property Size11,614 SF
Price / SF$234.20
Days on Market321
Property Features for 6403-6417 N Prospect Ave
General Information
Standard status
Active
Size
11,614 SF
Property subtype
RETAIL
Occupancy
100%
Site & Location
Neighborhood
Swope Park Campus
Corner Location
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Cooper Commercial Investment Group
(216) 562-1981
Listed By:
Bob Havasi · License #SAL.2006007277
Source:
Moodyscre
Added: Dec 12, 2025
Changed: Oct 26
Last Checked: Oct 28 at 4:59AM
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 Cooper Commercial Investment Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This NNN retail center is 100% occupied and positioned on a hard corner lot with multiple points of ingress and egress. The center’s current tenant mix includes Athletico Physical Therapy, Regional Finance, Laura’s Paw Spa, and Hunan Garden Restaurant, with multiple recent renewals and a brand-new 10-year lease noted for Laura’s Paw Spa, plus over five years remaining for Hunan Garden Restaurant.
The property is shadowed by the North Kansas City School District, including the Early Education Center and the Professional Development Center, which supports regular weekly trainings for district educators. Public remarks also cite strong visibility and access supported by combined traffic counts totaling 30,000+ VPD.
Additional context provided in the offering includes approximately 165,000 people within a five-mile radius and average household incomes of $102k, along with proximity described as about 15 miles from Kansas City International Airport (opened February 2023).
The property is shadowed by the North Kansas City School District, including the Early Education Center and the Professional Development Center, which supports regular weekly trainings for district educators. Public remarks also cite strong visibility and access supported by combined traffic counts totaling 30,000+ VPD.
Additional context provided in the offering includes approximately 165,000 people within a five-mile radius and average household incomes of $102k, along with proximity described as about 15 miles from Kansas City International Airport (opened February 2023).
Key Highlights
- 100% occupied NNN retail center with service‑oriented tenants
- Hard corner lot with multiple points of ingress and egress; 30,000+ VPD combined traffic counts
- Tenant renewals include Athletico Physical Therapy (5‑yr renewal, 600+ locations) and Regional Finance (5‑yr renewal, 350+ locations)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,691
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,193,820
$2.2M
Cap Rate 7%
$1,567,014
$1.6M
Cap Rate 9%
$1,218,789
$1.2M
Market Conditions
NOI Build-Up for 11,614 SF
Gross rent
$163.1K $14.04/SF
− Vacancy
−$6.4K −$0.55/SF
EGI
$156.7K $13.49/SF
− OpEx
−$47.0K −$4.05/SF
NOI
$109.7K $9.44/SF
Area
ZIP 64119
Vacancy
3.90%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,193,820
Cap Rate 7%
$1,567,014
Cap Rate 9%
$1,218,789
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,691 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$8.67M
$7.58M – $10.11M
NOI $606,755 @ 7.0% cap · market cap 22.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
11,622 visits/mo
0.2 miles
Bank of America
Shops & Services
5,650 visits/mo
0.1 miles
Demographics for 64119, MO
30,865
Population
13,515
Households
2.3
Avg Household Size
39
Median Age
32%
College-Educated
94%
High-School Grad
14.5 sq mi
ZIP Area
2,129
Density / Sq Mi
$79,871
Median Household Income
$45,801
Median Earnings
$1,259
Median Rent
$216,300
Median Home Value
Market
Vacancy Rate% for Retail in Kansas City, MO
Frequently Asked Questions
What type of property is this?
NNN property - 100% occupied NNN retail center on a hard corner lot with multiple ingress/egress.
Where is this nnn property located?
The property is located at 6403-6417 N Prospect Ave Kansas City, MO.
What is the asking price?
The asking price for this property is $2,720,000.
What are key features of this property?
This property features: 100% occupied NNN retail center with service‑oriented tenants; Hard corner lot with multiple points of ingress and egress; 30,000+ VPD combined traffic counts; Tenant renewals include Athletico Physical Therapy (5‑yr renewal, 600+ locations) and Regional Finance (5‑yr renewal, 350+ locations)
